~ Bitsinegs Notices. CALL RECHitrr FORMS, printed on durable paper, and bound ia any style and number, at the Trass Office, Beofton. c /COMPANIES' PAY-SHEETS eupplfcc \J on the shortest notice, and at redam rates, at the Times Office. | { 1 TUST HECEIYED a Iwgo' irwrtment 0 O Fancy Jobbing Type, at the Tnn|l Printing Offie<?, Broadway, Seefton. ; I ~ . , j SCRIP FORMS, printed in first*elaii style, in any color, ut the TIMEa Office , Broadway, Feefton. j mBASTSFBR JPOEMS, neatjy printed, i X foolscapi form, to fan obtained in a£j number, at the Times Office, Reef ton. TAND TRANSFER ACI > LANDS ALIENATED or contracted to be alienated from the Crown in fee prior tc the coming into operation of "The Land » Tranaffer Act, 1870," may be brought nndei ■ the provisions of the Actby application from \ the persons entitled thereto. i All Lan^a alionat^d from (he Orown affcei p the coming into operation of "The Land , Transfer Act. 1870," are subject to, and ' must be dealt with, in manner prescribed b} I the Act. Thfl following are examples ' f the fee 1 payable for bringing the 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, nono of the land included ia which has been dealt with— Where the Certificate of titlo is directed to issue in tne name of the A iplieani : Value of land £100 ... £0 11 % i Where the Certificate of title is directed to issue in the name of the Purchaser : Value of land £100 1 10 0 Thrise charges ate increased by 4s 2d (Assurance Fuua) for evevj additional £100 ia value. 2. Wlirn the Applicant is the original Grantee, nnd the land has been dealt with 5 oi- where the Applicant is not the oviginal Grantee — Where the value of the land is £100 £2 14 2 Where the value of the land £200 3 8 4 Wttn-j the value of the land is £800 3 12 6 Where 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 3d (Assnr* ance Fond) for every additional £100 in value. Thesa charges also represent the cost of Conveying Land. Inasmuch as applicants to bring land under the Act can direct the Certificates of Title te issue in the names of any other persons. Credit for Fees is Given, When desired 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. 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 ot facilities afforded by having a Registered Title, can do so Without Any Present Cost, by allowing the fees to remain unpaid until such dealing tabes 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 reectcd all fees are returned, with the exceptior of that amount. CERTinCATEs"oP TITXE ARE ABSOLUTELY INDEFEASIBLE. ALL TITLES ABeIJtJARANTEED BY 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 very much more 5 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 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 force on and after the Ist January, 187&, the charge for Certificates of Titles issued upon Memoranda of Transfer is reduced to Ten Shillings in all cases where the value of the land )s 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 or discharged, or a lease transferred or surrendered for Five Shillings, THESE OPERATIONS INVOLVE $0 DELAY. ; The following are some of the a,d "ant^iges twifemd by the Land Transfer system !— 1. It secures the principal benefits and ad* vantages sought to be attained iq a system of registration of deeds. 2 v lt renders retrospective investigation oi title unnecessary as to all land re gistered, 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 possibl, n extent, the forms of transfer and th« c modes of conveyance. j. 6. It increases the saleable value of knd. b 7- It tends to lower the rate oi interest 01 n loans secured on lands. >f 8, It gives facilities for the sale of lare estates in allotments. B j. g, Transactions can be ©fluted a t m , moment's notice, and at a miniinui } f Oi»0OSt. „ )0. Frauds in the purchase and sale of lan ™ are effectually prevented, because tli t Certjflijato oi Title in the. possession ( Ui« Tip ebows the exact eonditia Of tHgm*i.e., if the eSUto be moy D gagedli HKftnfte'red, or leased. Menu £>t randa dfetfcsing the particulars ot at 58 guch transactions affecting the esta NT are writ ton upon the Certificate
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Bibliographic details
Inangahua Times, Volume IV, Issue 14, 11 May 1877, Page 4
Word Count
961Page 4 Advertisements Column 2 Inangahua Times, Volume IV, Issue 14, 11 May 1877, Page 4
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