TITLE TO LAND
A COMPLAINT AND EXPLANA'"r' s.-' :tion:. ' ■■-■
■•■ A correspondent, -Arthur Bachelor,' r-writes..-stating that he- was instructed"to 'purchase a dwelling for a new ar-; .rival .from th'e1- Old. Country; that lW entered-into a-contract to buy a..hqusV and, section" of '. land from the Public Trust Office. Furniture, etc., was bought .to place in the house. Subsequently, the purchaser was informedthat- it had been found . that a titlecould not be given, the result being that the would-be purchaser had to re-selF the furniture'at"half the cost. The; printed agreement signed by the'intend-" ing purchaser protected the Trust Office •from any liability. "There were three properties," .states our correspondent "which were put up by auction for sale! and the Public; Trustee cannot give titles to- them."
Our correspondent's letter was referred' to the Public Trustee, who has furnish-' e(i.," The Post " with a detailed expJan-^ atioriof the position.' Before the pro-' perty was offered for sale, legal advicewas vtake'n, :;aud ;'an .'assurance was received; from the District Land Registrar that •this-pflicd' would register' dealings with the land. ' It was subsequently found' that' the^street* on which' the lot fronted was not a' road, street, or private street withm the meaning of the Public Works Act,.and-the Registrar therefore refused /o register., a transfer of the property in separate lots. Under these circumstances, the Public Trustee, had no option but to rescind the contract and refund to the purchaser the full .amount, or his deposit.-.-. Every precaution is taken to see that'the title to a property is in order 'hefoj-e.-submitting it for sale In the printed I agreement, referred toby Mr. Bachelor, the Public Trustee reserved the right to rescind a contract m the event of a purchaser raising requisitions, regarding .title which could not be complied with. Moreover, it is explained that the clause objected to is incorporated in all conditions of sale prepared by solicitors, and is recognised as reasonable. In addition to returning the.deposit.paid, the Public Trust Office in this_ case, although not. legally bound to do so, has'arranged to pay the legal "costs 'incurred by Mr. Bachelor. '-,"'
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https://paperspast.natlib.govt.nz/newspapers/EP19241021.2.74
Bibliographic details
Evening Post, Volume CVIII, Issue 97, 21 October 1924, Page 8
Word Count
345TITLE TO LAND Evening Post, Volume CVIII, Issue 97, 21 October 1924, Page 8
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