Page 4 Advertisements Column 2

Inangahua Times, Volume IV, Issue 2, 13 April 1877, Page 4

Business Notices, \ /"HALL RECEIPT FORMS, printed on U d«mble pane* aad bound w »ny style ; and number, at the Tims Office, Eeefton. nQMBANIES' PAT-SH« E TS supplied 1 (J on the shortest notice, apd at reduced rates, a* the fvm Office. ] JUST BECEIYED a large assortment of laney Jobbing Type, at the Tptrs * Printing Office, Broadway, Beeftou. * SCBIP IOBMS,' printed in first-class style, in any color, vt the. Times Office, Broadway, Beeftop. \ T^ANSf ER KORMS, fceatly printed, in foolspap form, to be* obtained, in any number, at the Timis Oflfce, Reefton. TANP TRANSEESACT LANI® ALIENATED* or contracted to be alienated from the Crown in fee prior to the coming into operation of, Land Transfer Act, 1870,'' may be brought under the provisions of the Act by application from the persons entitled thereto. All Lands alienated from the Crown after the coming into operation of " The Land Transfer Act. 1870," are subject to, and must be dealt with, in manner prescribed by the Act. The following are examples f the fee payable for hringirS' the land under the pro visions of the Land transfer Act :: — i. When the Title dpnsis.ts of a Grant, dated on or subsequent to the 28th December, 1841, none of thf land included in which has been dealt fft^— (There the Certificate of title is directed to issue in the name of the Applicant: ifalue of land -EiOO ... ...1 SO. VI. 2 Where the- Certificate of title is. directed to issue inftbe name of the Purchaser : Value of land, £100 ... ... 1 10 0 These charges afef increased by 4s '2d (Assurance Fund), for, every additional £100 in value. 2. When the Applicant ia the original Grantee, and the land has been dealt with ;. or where the Applicant ia npt the original Grantee-r-Where the value of tho land ip £100 £2 14 2 Where the value of the land £2QO 3; 3 4 Where the vakie of tbp land, is £300 ... 3 12 6 Whorq. the vajue oi the lapd, is £400," 4 18 Where, the xalue of land ia above £400, tlie fees increase at the rate of 4s 2d (Assurance Fund) for every additional £100, in value. These charges also represent the cost qf Conveying Land. Inasmuco, as applicants tQ bring land under the Aot qon direct thfl Certificates of Title, to issue in tjie namgs ot aqy othgr. persons. Cr«sdit fpr Fees is.^iven, When, desired, by the Applicant in all cases whore the proprietor, applies., to hav,e the land • registered; under the. Act 'va his own natat. and the /<es may reipain unpaid unjil. land is dealt with. Any person, therefore, who, wishes to, f 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 can do so Without Any Present Cost, m allowing the fees, to remain unpaid uptil f iich dealing takes, place. He will th<jq be ip a position to Mprtgagq, Transfer, Lease, or otherwise deal with his. lapd atj a moment's, notice. Any Title, however long and complex, may be investigate,d at a cost to. the Applicant of only Fire Shillings.; for if the Title is re,e,cted all feea. are returned, with the exceptor of that amount. / CEETIFICATEi' OP TITLE ARE A.B3OLUTELX IND|;|EASIBLE.. ALL/TITLES AReTgUARANTEED. B_ * THE GOVERNMENT. On all Conveyance^ by Dqed under the old system, the cost of registration in the Deeds Registry, over, and above the Solicitor's chavgc, is never less than Fifteen Shillings, frequently yery much more ; while land whiqh has been bought under the provisions of '■ The Land Transfer Act" can 'l|fl transferred at a total cost of Eleven Shillings wljere a whole se.tion is conveyed} and where Oflly partis ooavevqd (and therefore a fresh Certificate of Title is t>ecessitated), of Thirity -one Shillings, which is the highest sum allowed by the Act, no matter wbat the yalue pr area Of the lapd. Under the Regfrlatlpns in f^rce 9n and after the l.st January, 187 b, the charge for Certificates of Titles issued upon Memoranda of Transfer is reduced to Ten tShillings in all cases *where the value of the 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. A mortgage may be transferred, 01 dis- ,

charged, or a lease transferred or surrendered for Five Shillings. IHES? OPERATIONS INYOI/v'E NO. 1 DELAY- , following are some of the ad aufciges IlOriferred by the Land Transfer systeji .•- 1. It secures the principal, benefits and ad- i vantages sought to be attained in a system of registration of deeds. Z.Ht renders retrospective investigation oi title unnecessary as to all land re. guttered. 5. It simplify to the utmost possibie extent, he lom.s 0 f transfer und the modes of conveyance. 6. It increases the galeable value of land. 1. It tends to lower the rate ol interest on loans secured on lands. 8. It gives facilities lor the Ba ] e 0 f W. estates in allotments. 8 9.iTransactipns can be efleeted at moment's notice, and at a minimum of cost. 10. Frauds in the purchase and sale oi land are eflectually prevented,, b^ause the' Certificate of Title in the possession oj Tendo/ shows the exact condition pf the estate, i.e., if the estate be mort» gaged, encuni bercd, or leased. M emorauda disclosing the particulars 01 any such trousactions a-H'tbig' *he estate j o.rt? vni.lten upwi ll.c t .jtiiitaie