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€ALL RECEIPT FORMS, printed on durable paper, aud bonnd in any style and number, at the Times Office,' Reefton. COMPANIES' PAY-SHEETS supplied on the Shortest notice,' and at reduced rates, at the Ti^n***** Office. JUST BECEIYED a large arsortment of Fancy Jobbing Type, at the Tnff a. j Printing Qffice, Broadway, Reefton. I •— — — "' **• i SCRIP FORMS, printed in first-ciass j style, in any color, vt the Times Office, j Broadway, Beefton. TRANSFER FORMS, neatly printed, in . foolscap form, to be obtained iii 'any number, at the Timbb Osoe, Keefton. ' " ' '*"" _^ i I- AND TRANSFER ACT LANpS ALIENATED or contracted to j be alienated from tbe Crowii in' ibe prior to the coming into oneration of "The Land Transfer Act, 1870 " may be brought under the provisions of the Act by application from tbe persons entitled thereto, All Lands alienated from the Crown after tbe coming into operation bf " The Land Transfer Act, 1870^' are subject to, and must be dealt with, in manner prescribed by thy Aot. * '"' • ■" '' '*'• v '* "" " I The following are esamples f the fee payable for bringing the land nnder tbe pro visions of the Land Transfer Act :— l."jvhen the Title consists of a Grant, dated oh or subsequent <0 the 28th December, 1841, nOne of the land included in which has been dealt with — Where the Certificate of title is directed to issne in the name df the A -iplidant : Value of land £100 ... „.' ... ...£o 11 2 Where' the Certificate pf title is '' directed to issue inthe name of the Purchaser : YalU'e of land £100 ;.. ..." ... ... 110 0 These charges are increased by ** 4s 2d (Assuratlcg Fund) for every additional, £100 in' value, 2, When the Applicant is the original Grantee, and ' the land has ; been dealt wijth j or where the Applicant io riot tho 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 is 4 £300 ... ... ... ' ... 312 6 Where' the value of the land is £400 ... „*'. 4 18 Where the value of land is above £400, the fees increase iat *the rate of 4s 2d (Assurance Fund)r for every additional £100 in value.

These charges also represent the cost of Conveying Land. Inasmueft as applicants to bring land under the Act can direct the Certificates of Title' to isSue in the naihes bf any other persons. Credit for Fees is Give*. , When desired by the Ap*.lii*aht in all cases whero the proprietor applies ft)*havethe-lan^V registered tinder- the Aot in bis dwn taam*} I and the -fees rrJay remain unpaid until hvad is dealt with. ' l ■ ! Any" person, therefore, who wishes tp j his latad under the provisions of' the Act, order that whenever he' deals with* it hebe in a position to avail hiiriself of facilities afforded by having A Registereti 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.

Any Title, however long and complex, may ' be investigated at a cost to the Applicant of only Five Shillings ; for "if the Title is reected alifees ar#returned, tHth the eiceptior of that amount. '■ CERTIFICATES OF TITLE AXE, AB3OLIJTELY INDEFEASipLE, ALL TITLES ARE GUARANTEED B* ! -THE GOVERNMENT. • On all Conveyances by Deed Under the old system, the ' Cost bf registration iti 'the Deeds Registry, over and above the Solicitor's charge, is never less than Fifteen Shillings, frequently very much more ;' While land whioh bis been bought 'fonder the provisions of ''The Land Transfer" Act" can be transferred at* a total cost of Eleven Shillings where ft whole section ; is convoyed; and where only part is conveyed (and therefore la fresh Certificate of Title' is necessitated), '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 foroe on and after the Ist January, 187fc, 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 land, registered' under the Act, is Twelve Shillings, no matter what the amount involved. _\. 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 tlie ad "antiges •pnferred by the Land' Transfer syst^ja :— » ' 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 td all bind re> gistered. 8, It simplifies the Titios to Real Property for the future 4. It makes purchasers of the fee and leases perfectly secure. 5. It simplifies, td the utmost possible I ejtent, tbe forms of transfer and the j modes of conveyance. 0. It increases tbe saleable value ofland.

7. lt tends to lower the rate ot interest on loans secured on lands. 8. It gives facilities for tbe sale of large estates in allotments. 9. Transactions ' can be ci) cc tod at ,>aV moment's notice, and at a minimum' Ol COBt. •''"■' '-*' 10. Frauds in the purchase and ?ale oi iand are effectually prevented, because tbe Certificate of Title in the possession oi the Vendor shows the exact condition ci the estate, i.e., if tlie estate be niort*> gaged, encumbered, or leased. Memoranda disflosing tlio particulars ol auv such transactions oiled ing the estate ftte vritten (lie *. miiicate

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https://paperspast.natlib.govt.nz/newspapers/IT18770212.2.12.2

Bibliographic details

Inangahua Times, Volume III, Issue 76, 12 February 1877, Page 4

Word Count
939

Page 4 Advertisements Column 2 Inangahua Times, Volume III, Issue 76, 12 February 1877, Page 4

Page 4 Advertisements Column 2 Inangahua Times, Volume III, Issue 76, 12 February 1877, Page 4

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