Page 4 Advertisements Column 4

Grey River Argus, Volume XIV, Issue 1691, 5 January 1874, Page 4

Government r -Notice. . . y LAND TRANiS FER l! - AC T ■■/-. „•.-=•{ .-I.:.' :■•: j'"^.- '■.*•■■:<:£ :•-'; •■'■'<■ \ ■I} LANDS ALIENATED or; contracted to be alienated: from the Cr6wn in fee'prior 'to 1 the -comitig into ope|ation : bf i: ! f ThV Land Transfer Act, 1870,^ijiay bif'/'^rou^und^il the provisions; of the Act by. application rfroni the persons, entitled thereto. •, f> ; [ -ijt. i.'j:,': l .: ! AU.Lands'alienated from' the Crown 'after the coming 'into- Operation ; bf ' '^The'Landi Transfer AW 1870,'^ .are^ snb'jeci;'.^p.'arjd iniist'tie dealt. witi^tomanner prescribed by; theAct,!^' ' : \.' l ,' : ' " '„]-.'• "■ :'J .,.','._ '„;!..•'. ' .The following are examples [> of the fee, payable for bringing the land undef.the pro- : visions' of the Land Transfer Act:'— : ,1. When the; Title consists of a Grat)t, dated on •or subsequent ; to the 28th December, 1841, none of. the land included in which has been dealt . : •> With— '. ''■ ' •■■■■-. '.I •■-■■■'■ ; : •Where the -Certificate -of title is " v ; directed to issue in the name of ' - i : '-' * the Applicant : Value of land £1 00 ... ...'..._ ... £0 11 2 Where the- Certificate of title.i s '.J directed to issue. in the. name of the Purchaser : Value of land ,£100 ; , V .:. „.;... ; ;. o 1 1(|. 0 These charges, are increased : by; 4s : :2d (Assurance Fund) for. every additional £100; in value.. .:,.,..".;,,.;,;; 2;,, When the .Applicant. ;is. the original j .Grantee,;, and r.the land naßhbeenj4ea.lt ' with ; ; or where the Applicant is. not the original (jrrantee— '„;.: . r , ; ," , p tWhere,. the- value ■pi the land is - , [ -.- , I ; £ioo ; i;; .., v.r...;.; ;:...;;;;..; £2, ii, 2 Where, the value of. the land: is / : ; ; ■;/.■. '.■■.■■■■...- : ; ;..:", : "..." ;3 ; r '3, ; ;;4 Where c the' value' 6f 'the'' land is ' '' •'' ': : £300 ... ....,, ' !.v 3 12;'6 Where 'the valne bf'tbe land is " x . ' -mo-i t ..: : -..- { .-■;■.- '..; :; 4 ;: 1 ; 8: Where^ the value of 'land is aboye £400, ; the fees increase at^the : rate of 4s 2d (Assurance (Fund) for every! additional £100° in value. -\ '. : ; These I charges- "also represent' the* cost „-:.' j: > Conveying Land^ ■ •' ■■'•''•■'■■'■. Inasmuch as applicants to bring land under the Act can- direct' the Certificates df Title to issue in. the names of any other persons/ ' •: ,V, Credit foriFees. is Given,.;.; „; When desired by the Applicant! in all cases where the proprietor applies to have; the land registered under the 'Act in his own name," and the fees may remain unpaid until land ia dealt with. - ;! / ; '■> i Any. . person, therefore, who wishes to bring rlu's land. under the provisions. of: the Act in order that whenever he deals jpith, if he may be in a position to avaiihimself~bf ' the facilities afforded by ha vinga Registered Title, can do so Without Any Present Cost, by allowing the fees -to remain unpaid^ until such decline takes place. 'He will then be in a position to iMortgage, Transfer, Lease, " or otherwise deal with his land at a moment's 3: notice; n:. i : '„''■■ ,'AAr'''-\[ m.) M.;/. : Any Title,-, however t long .and i complex, may be investigated at a cost to the Applicant of only Five Shillings ; for if the Title is rejected all fees are: returned, with the 'exception of that amount. •=. ,■■■'■ I CERTIFICATES OF TITLE; ARE ; ABSOLUTELY INDEFEASiBLE. , Under the old system of Conyeyaiicing," if a single ; deed is lost, the title is in manyy )? cases rflndered absolutely- ftefeb'tiye', and „ therefore unmarketable/ while ! .ik .others it '£ can only te rectified' at great: cost.' Persons £ who bring their 'larid :T uhdet('th ; e'*Act, surrenaer^air tneir deeciai aijtl-'ieijeivß in ex- ■'■' /change 1 a Certificate "of Title 1 , a'duplicate of y whicl} is retained .in, the office. 1 'l£ the Cer- " ■ "tih'cate"in the liossessioh .6f r 'the; registered proprietor is atvany time lost prdestroyjed Vby fire, &c:, a neW f Cef tificatle' is supplied by 7 the Registrar at a small cost., . . . r '; ALL TITLES ARE GUARANTEED '1 ,, BY THE GOVERNMENT. On all Conveyances by fiee'd under the old systemj 'the cost of Registration in the Deeds Registry, over and aboye; "th,e7S6lP" , citor's charge, is never less' tkan Fifteen • Shillings, frequently-very much more ; while c /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 necessitated),'^ Thirty-brie Shillings, which is the ' highest, sum allowed by the Act. no matteT c what the value or area of the land. . ■ . Under the Regulations in force oh 'aud it after the Ist January, 1872, the charge for Certificates of Title'issued upon Memoranda C of Transfer is Reduced to Teri Shillings-in . .all cases .where the value of the land is under a' 'Ten,P.ou'ndß.. .; : : . jiThe! total cost of executing '■■ a Mortgage or Lease, of! land .registered under the Act, s.-x'welye i.ShiUings, no matter what the [ ; amount involved. : > i,f - /.-!• : -.:■■■:■' .A AMortgagb: may be- transjefred 1 or dis- • chareedi br r :" lease transferred or surrendered for Five Shillings. ;:•:.! i •; : _i „•■:•; .::::;: ..r;>; : ! • THESE OPERATION'S- INVOLVE HO x \ ,!:,,,;.;„;,,, ,DELA^; : -; t; ;^ ; ;; ; :; Tlie following are some of the 1 advantages ;, .conferfed^y theX'and Transfer system • 1. It secures the principal; ; benefits and : advantages; sought to be; attained in a : Bysteni' of registration of "deeds. 2. It renders retrospectiye inveotjgations ; -off title' •unnecessarjr' as t6 T all lands registered. -i" ': 3. It simplifies the Titles to Real Property for- the future. ' : i ' 'i 4. It makesipurchasers of the fee and leases . ..perfectly secure. . : ... , .. 5. It simplifies, to the utmost possible extent, the forms of transfer and the . modes of conveyance. •, 6. It increases the saleable value of land. 7. It tends to lower iherafce of, interest oa, • ■:■ '■ loans secured on lands; ' ■ 8. It gives facilities for the sale of large * estates 'in allotments. ''''■ 9. Transactions can be effected at. a - ; moment's notice, and at a minimum of cost. ' ... :.;.::, •• ' 10. Frauds in the purchase and sale of land . • are effectually prevented, because the, i Certificate of Title in the possession ' • ; ; pf .the: Vendor Bhdws the exact "con 1 - 1 dition of the estate; {.'c., if the estate be mortgaged, encumbered, or leased. ;;> , .;■; Memoranda disclosing the particulars .... of any such transactions affecting the : are written upon the Certificate^ , , : „Of Title,; 1 :;-,:. -. ■.. .;, : ■.. .t •. .;-:!■!.:;:; . Lands purchased from-/ the Crown J since -the coming into joperation_of,..J l .J > he-Land> Transfer Act" cannot be , dealt, with under theoldsystemr^'i'- I1 '-' ' :"'•• *>»'-< <3 .'» 1: ,•;■> Mj-. J-J2'J'iol