Page 4 Advertisements Column 3

Grey River Argus, Volume XIV, Issue 1694, 8 January 1874, Page 4

Government, LAND TRANSFER ACT o j t ■• :■[ ,i 2L_ a o v \ ir I LANDS ALIENATED or contracted io : be alienated from the Crbwn/in fed/prior to : the coming into operation of "The Land: -Transfer; Act, r 31870,.ma y be , brought .under! : the prdvisioijß of the Act'by apiflicatibn -from! the persons: entitled thereto;;; ; -.veli;. fJi-v . • ' All Lands alienated from the iCrdwa after; the^ coming : into t op'er|;tion^of t>!f /The land Transfer' Aot; 1870,'! brer subject to,-,- and! must be dealt.with, in manner, prescribed by the Act. , ■•■'. r.'if The 'following are examples of the fee, payable for bringing the land under the provisions of the Land Transfer Act : — j 1. When the 1 Title consists of a Granti ;• ' dated; on: or -subsequent* to the'2Btif December,.; 1841,., ,iqne ; . of the land included in ' which ' his been dealt ... with— .., ~~ ".'". ( I .Where' i ' r Certificat'e. of' title is j directed to issue in the name of rr ' j •Jihe ' Applicant;:r Value.of land; .' , . ■, ' ii^ElOO ,-,;,,*,., ,. :iIM .- f , v , i t:. n . 1 - j; :.;. i .£j),,11. ri 2 Where the Certificate of tit1e^i5,. .,,...,., .... directed tpissue in the name'ol '.",'"'■• the Purchaser: 'VaWe of land ; ' : ' £100 ••• .■r-';'- 1 .:;* e-v.-i-' --.".I. iio'io These ' '-'charges' are increased : ■'by '48 2 6. i (Assurance .Fund) j for ievery^additional 1 £100 in.yaluer.;,, . . ... 7f . j ! ; 2. When' the Applicant is the original! , : Grantee, and the land has been dealt .. ._._mth;_...or where the' Applicant is not • the original Grantees? \ . , . ~~ L ™ " "~~ [ : Where the value of the land is ; n;j.v/ .".y/..:.. % ;i.i;iij:£2 14 2 ' Where the value of the land is , '{?, £200. T ':-.-:.i>/; '.U^hUiW^. 3 34 Where the value -of the land is ' ' „'£300,.. ,.„ rr ... 312 6Where the 'value' of this 'land is >T : J £400.,, r . v ... ....,..„. „.., , ..., 4 1, 8^ Where' the value of land is above' £400,. y ,'the ; fees \ increase at the - (rate- of ,4s'-2d i (Assurance """und) "for every additional! ;; £100 in value., „,,,.. t .,., ( . „ { r .,' t .,;. These charges also, represent the cost of •;;'.: -,; ; ■ Conveying Land^ .■.-■••.: -.;• '> '. Inasmuch as applicants'to; bring land under the, Act . can direct the of Title t to issue in the names' of any other persons. ' ..i -' s ■: r o v ' :,- ■;.,?; ; Credit for Fees is Given, , ;ls^ '■ When desired 1 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 is dealt with. :> - 7, r .'>' . ,1 ] ' •■ Any person, therefore, who wishes to brmgrhi3.land > under ( the provisions of the I Act in order that' whenever fie deals with ifhe : may be in^a position tp availihimself of the facilities afforded by 'having a Registered !^ Title, can do, so Without Any Present Cost, ' by allowing the fees to remain impa'id 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 „.,.,,. ,; ... .. „-; j, .-,,.,-,.: ! '. . „ Any, Title, ,' however, long 'anil'" complex, ' may be investigated at' accost' to the^Applicant of only Five Shillings; f oKif the Titl e: r is, rejected, all fees, are returned, .with the ■ exception of that amount: •'• ' ;1 :i [' ; :.. } CERTIFickTE's 1 OF 'TITLE ARE 1 ■' >: T ABS6LtJTELY INDEFEASIBLE, i'" .;■■■':■•■■■:;■■■ ' -cij '• ■; .;.,-i;r-..r :■;■ .: !-.v< ; '-[ : .•■.• ' v .' n .-.Under the ; pld,. system ;of ,. Conveyancing, if a single deed is lost, ( the ,title is^in; many \ cases; gendered; .. absolutely defective, and therefore, unmarketable, while in others it ' can only be rectified at great cost. Persons who i bring their land under the Act, jSur--3 render all their deeds, and' receive ' in] exchange a Certificate of Title, a duplicate of .which; is. retained in [the; office; iM'the Certificate in the possession of the registered proprietor is at ( any time lost or destroyed by fire,"&CM a hew Certificate is' supplied by ■^ ;the Registrar at a small coßt.- • ALL TITLES -ARE" GUARANTEED ■■ ' ; ' BY THE GOVERNMENT. :jj ;; On all Conveyances by' Deed' under the' : . old system, the -post of f Registration fa the Deeds Registry, : o,y t efcranci. f a|)pve 'th>\Soli^ citor's .'charge^ .w " never. „iess , th'aiij" Fifteen . ShillingSj frequently very mpch' more ;'-while • land^^ .which, ) nas'.,beey. r bxought'^under. the' c provision's 'of "The Land Transfer 'AjptT. can _be transferred at a Total Cost of Ele\en~ Shillings where,a whqle.section is, conveyed ; and where dnly.par.t.'is 'cony.eye'd'fand .^fcerea fofe : a fresh Certificate,' pt"Titie -,is necessitated), of Thirty-one Shillings, which is', the ; highest sum < alldwed by the Act;.nojniatter| ' what'the value 'or area qf the land, ff i c • Under .the Regulationß rinj-force^onrand " after the Ist .January. ' 187;2, '^he charge for t Certificates of Title "issued^upon Memoranda' ■■" of Transfer is Reduced to Ten SbiUings L ini all cases where the value* of the land is under < - Ten Pounds.- -- — • ?.\- a ■'•' The total cost of executing a Mortgage or Lease .of land,- registered under the Act; r ; s Hllwelyei Shillings," no amattec; what the amount involved.-;'! :>. i A Mortgage may. be rtrabBferred or discharged, or lease transferred or surrendered^ • for ' Five Shillings.' ■ . r,r.' r ..'. rf.-;=;:"i ! t ;' THE'SE / \OPERATIpNS, iNVOLVE^ NO 1 : \'c?.\],:\. f .')s :■. ■ :DELAYS, uwiV-J i i ■-,■■■■;.>/■ The following are some of the advantages conferred by^he.Land L Transfer,system :— ■ 1. • It; secures : the -principal benefits and^ r: : .'j ;: advantages sought to be attained in a '■■; ;> <■ system of registration of deeds, ii .^'fi 2;>Jlti renders ; retrospective investigations of title unnecessary as to all lands .i'f -registered., nil' -,V-.\ ».-•,'?. ; - -—3. It simplifies the Titles to Real Property j i;" ' .for the future.! .'/, \ 'A "»'/";' r \ \ ■ 4. It makes purchasers of the fee and leases; •: .•-. i; :;.iperfectly secured YAW! <~,~\ ••: ?.-,:< ■ ■■■•.( s.^lt/i simplifies, to the; utmost" possible j . i ; ;f.;t:i extent, the forms of transferand ,the' •I '.:m :: <i .-modes Of conveyance; . : ! -■;(• 2 ; '•; 6.. i It saleable value of land. 7. It tends to lower the rate of interest} on — „_._.._JoanB secured on-lands. ... _„^....__ | -m S. Itgives.faßilitieSj-for the sale of large. estates in allotments. .......! i;:> - , 9t :Xransactions can .be . ] effected jat a "'"■ moment's notice, and at*a mimmum; ..,.,*, j, ..j of jCo^t.; rrji>j ■?, inn )'!f~"~ "-J 10. Frauds in the purchaaeand sale of landi are effectually prevented, because the ■ ! > Certificate of Title; in * the 1 < possession n ( ■, ■ . • of; ,the > Vendor > shows the; exact condition of t^h i e.estate, 1 »4 v ifth.e, estate be mortgaged, encumbered, or leased . '• f. i I Memoranda dißolosing the particulars; — .-- of anysuch-transaotions-affectingtie , / , j eatate.arewritjienuppr^the Certifi sate of Title.' ■'-••'•• ■- ,BA3T' 'fJTiOAH ' Lands purchased from the Crown s nee the coming into operation of "The Lbnd Transfer Act" cannot be dealt with udder 1 ' theold'Bystenh!/: /. ', >/ j-i JOSHpi STRAijtGiE WILLIAMS, ..