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CALL BECEIPT FORMS, printed on durable paper, aud bound in any style and number, at the Times Office, Beefton. /COMPANIES 1 PAY.3HEETS supplied \J on the shortest notice, and at reduced rates, at the Inm Otibpe. TWST DECEIVED a large arsortment of tl Fancy Jobbing Type, at the Times Printing Office, Broadway, Beefton. SCHIP FOEMS, printed in first-class style, in any color, 5t jthe Times Office, Broadway,} Beefton. ""I - • mBANsiEB FORMS, neatly printed, in JL foolscap form, to be obtained in any number, at the Times Office, Reefton. TAN^ TRANSFERACT LANDS, ALIENATED or contracted to be alienated from the Crown in fee prior to I the coming into operation of " The Land i Tranpfer Act, 1870," may be brought under the provisions of the Act hy application from the persons entitled thereto. All Land? alienated from the Crown after i the coming intp operation of "The Land ] Transfer Act, 1870," are subject to, and ! must be dealt with, in manner prescribed by I the Act. i ' I ; The following are examples f tho fee payable for bringing the land under the pro visions of the Land Transfer Act:— 1. Whert the Title consists of a Grant, dated on or subsequent to the 28th December, 1841, none of the land included in which haabeen dealt with— Where the Certificate of title is directed to issue in tne name of the 4 iplicant; Value of land £100; Mll 2 Where! the Certificate of title is directed to issue in the name of the Purchaser : Value of land £100( 1 10 0 These charges are increased by 4s 2d (Assurance Fund) for every additional £lflO in value. 2. Wljen tbe Applicant is the original Grantee, and tho land hat been dealt \ vriiih } or where the Applicant is not tho original Grantee— Where ithe value of the land is £100? ... i. £2 14 2 Where ithe value of the land £2001 ... .!. 33 4 Where 'the value pf tb,e lapd i? £300 ... ... ... ... 3 12 6 Where the value of the land is £400 ... ' 4 18 Where j;he value of land is above £400, the fees increase at the rate of4s2d (Assurance fund) for every additional £100 in value. These charges alao represent tfye cost qf 1 Conveying La.nd. Inasmuch as applicants to bring land under the Actjcan direct the Certificates of Title to issue infthe name? pf any other persons. 1 Credit fpT Fees is GHveq, Whenfdesirpd by the Applicant in all cases where ihe proprietor applies to have the land regi'sived under the Act in his, own name, and (c fees may remain unpaid until la/id » dealt with. Any person, therefore,, who wishes to f his latid| Under t^e provisions of the Act, order that whenever he deals, with it he be in a position to avail himself of facilities afforded by having a Registered Title, can do sp 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. Any Title, however long and complex, may be investigated at a cost to tbe Applicant of only Five Shillings j fop if the Title is re* ected all fees are returned, with the exceptior of that amount. ' ' UERTIPICATES OP TITLE ARE ABSOLUTELY INDEFEASIBLE. ALL IITLES ARE GCTARANTEED Bl THE GOVERNMENT. On all Conveyancea by Deed under the old system, the coet of registration in the Deeds Registry, over and abpV'9' the Solicitor's charge, is never less than Fifteen Shillings, frequently yery much, more ; while 1^ which has been bought under the provisions of "The Land Transfer Act" can be transferred at a total cost of Eleven Shillings where a whole section is conveyed j and where Only part is'conveyed (and therefore a fresh Certificate of* Title is iiecessitated), of Thirity-one Shillings, which is the highest sum allowed by the Act, no matter what the value or area of the land. Under the Regulations in force on and alter the Ist January, 187fc> the charge for Certificates o( Titles' issued upon Memoranda of Transfer is reduced to Ten Shillings in all cases where the value of the land is under Ten Pounds. The total cost of executing a* mortgage or lease of laud, registered under the Act, is Twelve Shillings, no matter what the amount involved. A mortgage may be transferred or discharged, or a lease transferred or surrendered for Five Shillings. • ■ THESE OPERATIONS INVOLVE NO DELAY. The following are some of the ad - •»nt%ges inferred by the Land 'Transfer, systcjo :— 1. It secures the principal benefits and advantages sought to be attained in a system of registration of deeds. 2. It renders retrospective investigation of title unnecessary as to all land re< giaUsrocf. 8 ; It simplifies the Titles to Real Property for tn# future, 4. It makes purchasers of the fee and leases perfectly secure. 6. It simplifies, to the utmost possible extent, the iornis of transfer and the modes of conveyance. 6. It increases the saleable value of land. 7. It tends to lower the rate 'oi interest on loans secured on lands. 8. It gives facilities for the ssJe 0/ large estates in allotments. '" 9. Transactions cun be effected at a moment's, notice, and at a 'minimum of cost. 10. Frauds hi the purchase and sale of land are effectually prevented, because the Certificate it Title in tho possession ol the Vendo/ shows the exact condition of the estate, i.e., if the estate be morU gaged, encumbered, or leased. Memo- ; riuuia disclosing the particulars ot vat such transactions alluding the estate are written upon|_tbe I utilitate^ ,

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https://paperspast.natlib.govt.nz/newspapers/IT18770126.2.16.2

Bibliographic details

Inangahua Times, Volume III, Issue 69, 26 January 1877, Page 4

Word Count
940

Page 4 Advertisements Column 2 Inangahua Times, Volume III, Issue 69, 26 January 1877, Page 4

Page 4 Advertisements Column 2 Inangahua Times, Volume III, Issue 69, 26 January 1877, Page 4

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