Page 4 Advertisements Column 2

Grey River Argus, Volume XIII, Issue 1665, 5 December 1873, Page 4

Government Notice, I — — — ■ — - !t and transfer act' i LANDS ALIENATED or contracted to' jbe- alienatedj from the Crown in fee prior to itheyjcomibg-'intq operation; of "The Land :Transfer kct, 1870," may be brought under the provisions of the Act by application from the persons entitled thereto. : All Lands alienated from the Ciown after the coming into operation of "The Land' Transfer Act, 1870," are subject to, and must be deialt with, in manner prescribed by the Act. The following are examples of the fee, payable for bringing the land under the provisions of the Land Transfer Act :— ; 1. When the Title consists of a GraDt, dated- on or subsequent to the 2Sth December, .1841, none of the land included in which has been dealt with — „, . Where the Certificate of title is directed to issue in the name of : the Applicant : Value of land :£IOO ... ... ... ... £0 11 2 Where: the: Certificate ; of title is directed,tp issue in the name. of the Purchaser : Value of land . : £100 ;.. ilo o These charges are increased by 4s 2d (Assurance Fund) for every additional .; £100 'in value, ; : ; ; . : ■ 2. When the Applicant is the original Grantee, aud the land has been dealt : .or. where the Applicant is not ! the original Grantee — Where the value of the land is £100 ...... ... £2 U 2 Where the value of the laud is £200 ..... ... ... ... 3 3 4 Where the value of the land is £300 .... ... ... .:. 312 6 Where the value of the land is £400 ... .. .:. .. 4 18 Where, the value of land is above £400, thefcea increase at the rate of 4s 2d (Assurance for every additional £100 in value. These charges also represent the cost of Conveying Land, Inasmuch as applicants to bring land under the Act can direct the Certificates of Title to issue in the names of any other persons. Credit; for. Fees is Given, When desired by the' Applicant, in all cases where the' proprietor applies to have the land registered 'tinder the Act 5n his own name, and the fees may remain unpaid until . land is dealt with. Any person, therefore, who wishes to bring his land under the provisions of the Act in order that 'whenever he deals with if he j may be in a position to' avail himseif of the facilities afforded by having a Registered Title, can do so Without Any -Present Cost,' by allowing the fees to remain unpaid until such dealing; takes place. He will then be in a; position .to 'Mortgage,: Transfer, Lease, or otherwise deal with his land at a moment's notice. ■■■■ .-.y :;-,•;. . .;. . . ; Any Title;- however long 1 and ; complex, may be investigated at - a cost to the Appli- : cant of only Five Shillings ;: for if the Title is rejected all fees. are returned, with' the exception. of, that, amount. ..;■.. i-r ■■ GERTIFIOI^TES- OF TITLE ARE ■■; ■•■■'ny.-. -< ■■h,.v. : .:.. ; . ABSOLUTELY INDEFEASIBLE. ; UrideK'.tiie ' systerii of. Conveyancing, if a singh* dee ! cTis lost, the title is in many cases rendered absolutely defective, and therefore while , in . others it can' only be ie'etified at 'great cost. Persons' who bring'-thMif idri'd!' under the Act, surrender all their deeds, and receive in exchange a Certificate of Title, a duplicate of which is retained in the office. If the Certilicate in the possession of the registered ,Rroprietor''i3 ; at. any time lost or destroyed by fire, &c; anew Certificate is supplied by the Registrar at a small cost. ALL TITLES ARE GUARANTEED BY THE GOVERNMENT. On all Conveyances, by Deed under the old system, the cost of Registration in the Deeds Registry, over and above the Solicitor's .charge, . is never less than Fifteen Shillings, frequently very much more j while land: which has been brought under the provisions of " The Land Transfer Act" can be transferred at a Total Cost of Eleven Shillings where a whole section is conveyed ; and where only part is conveyed (and therefore a fresh Certificate of Title is necessi-. tated), of Thirty-one Shillings, .which is the highest sura allowed by ''the Act, no matter what the value or area of the land. Under the Regulations in force on and .after the Ist > January, -J872, ;the charge for Certificates of Title issued upon Memoranda of Transfer is Reduced to Ten; Shillings in: all cases where the value of the iand is under Ten Pounds. ' The ;total -, cost ..of executing a Mortgage ox Lease of land, registered under the Act, s I'welye^ Shillings,' no matter what the amount involved. r A Mortgage. may- be transferred or discharged, or lease transferred or surrendered for -Five Shillings. ■'•'> ■ THESE .INVOLVE !N 6 DELAYS. The following are some of the advantages conferred \>y tbe Land Transfer system -.— 1. It secures the principal benefits and „ ; . advantages sought to be attained in a system of registration of deeds. 2. It renders retrospective inveatigations of title unnecessary as to all lands - ..registered. ' 3. It simplifies the Titles to Real Property • for the future. ■4. It makes purchasers of the fee and leases i "I 'iiperfectlysecure. ''' " j5. It. [simplifies, to the utmost : possible i extent, tbe forms of transfer and the modes of. ; conveyance; ; °- I '"•''' ;6. It increases the saleable value of land. ;7. It tends to lower the rate of interest on i loans secured ;on lands. •'. >S. It gives, facilities for the sale. of large ; estates in allotments. 1 9. 'Xransactions -can: be effected at a . moment's notice, and at a minimum,. i ' ,rOf;COSt. '■ :i.-;:?.:. ; -.a .:■' ■-' ■■ '-- -;"i-'' 10. Frauds in the purchase and sale of land : i •- - are effectually prevented, because the- • Certificate. pfj'fitle.in;; the rpossession j of the Vendor 'shows the exact cpn- / j -dition of the estate, i.e., if the estate y-"'«^bj&>ifl*fcg»gfed£^ j • :;i;<l Membranda disclosing the particiilarfl i of any such transactions affecting the/ J j j of Title. &\(X\W\'\VA\til r La*JJ.OiaUAV/OU.>A«OT>£A->3;iaW ,' Lands purchased from the Crown since? tHe coming into (> Qperati.on.,pf'A"iThe Land Transfer Act " cannot be dealt with under the old system. .rr.t'..<;si:'-.-t' < '''■ '■[ JOSHUA STRANGE WILLIAMS, ■(J j . "EbgiStrftr-Qerieral of Lande,'