Page 4 Advertisements Column 2

Inangahua Times, Volume III, Issue 75, 9 February 1877, Page 4

CALL RECEIPT FORMS, printed on | durable paper, aud bound in any style | and number, at the Times Office, R«efton. /"lOMPANIES' PAYJ3HEETS supplied \J on the shortest notice, and at reduced rates, at the Tiaras Office. TUST RECEIVED a large arsortment of •J Fancy Jobbing Type, at the TIMFB Printing Offloe, Broadway, Reefton. SCRIP FORMS, printed in flrst-olass style, in any color, flt the Times Office, Broadway, Peefton, mRANSFER FORMS, neatly printed, in JL foolscap form, to be obtained ia any number, at the Times Office, Reef ton. TAND TRANSFER ACT LANDS ALIENATED or contracted to be alienated from tbe Crown in fee prior to the coming into oneration of "The Land Transfer Act, 1870," may bo brought under the provisions of the Act by application from tbe persons entitled thereto. All Lands alienated from the Crown after the coming into operation of " The Land Transfer Act. X870," are subject to, and must be dealt with, in manner prescribed by the Act. The following »ro examples f the fee payable for bringing tho land under the pro visions of the Land Transfer Act : — 1. When the Title consists of a Grant, dated on or subsequent to the 28th 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 A iplicant t Value of land £100 fO 11 2 Where the Certificate of title ia directed to issue in tho name of tbe Purchaser i Value of land £100 1 10 0 These charges are increased by 4s 2d (Assurance Fund) for every additional £100 in value. 2. When the Applicant is the original Grantee, and the land has been dealt with ] or where the Applicant is not the original Grantee — Where the value of the land is £100 £2 14 2 Where the value of the land £200 3 3 4 Where the value of the land ia £300 3 12 6 Wheve the value of the land is £400 4 18 Where the value of land is above £400, the fees increase at the rate of 4s 2d (Assurance Fund) 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 Apvlicant in all cases where tbe proprietor applies to have the land registered under tbe Act in his own nam? t and the fees may remain unpaid until land ia dealt with. -i Any person, therefore, who wishes to ( * his land under the 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, oan 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. Any Title, however long and complex, may be investigated at a cost to tbe Applicant of only Five Shillings ; for if tbe Title ia re- / ected all fees are returned, with the exception * of that amount. OERTIFICATES~OP TITLK ARL ABSOLUTELY INDEFEASIBLE, ALL TITLES ARe"gUARANTEED B 2 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 [ yery much more ; while land 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 ; and where only partis conveyed (and therefore a fresh Certificate of Title is pecessitated), 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 after the Ist January, 1875 a, the charge for Certificates of Titles issued upon Memoranda of Transfer is reduced to Ten Shillings in all cases where the value of tho 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 tbe amount involved. A mortgage may be transferred or discharged, or a lease transferred or surrendered for live Shillings, THESE OPERATIONS INVOLVE NO DELAY. The following are some of the ad ~*ntiges tanierred by the Land Transfer system s— 1. It secures the principal benefits and advantages sought to be attained in a system of registration of deeds. 2,|lt renders retrospective investigation of title unnecessary as to all land re> gistorcd, 3. It simplifies the Titles to Real Property for the future 4. It makes purchasers 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 tbe saleable valuo of land. 7- It tends to lower the rate ot interest on loanß secured on lands. 8. It gives facilities -.for the sale of large estates in allotments. 9. Transitions can be effected at a moment's notice, and at a minimum oi cost. 10, Frauds in the purchase and sale of land are eflectually prevented, because the Certificate flt Title in the possession ot the Vendo/ shows tbe exact condition of the estate, i.e., if the esute be niorU gaged, encumbered, or leused. Memorauda disclosing tho particulars ol any such transactions afleeting tbe estate we written the. Certificate