Page 4 Advertisements Column 2

Inangahua Times, Volume IV, Issue 31, 20 June 1877, Page 4

Business Notices. | CALL BECEIPT FORMS, printed on durable paper, aud bound in any style and number, at the Times Office, Becfton. /COMPANIES' PAY-SHEETS supplied \J on the shortest notice, ond at reduced rates, at the Times Office. TUST EECEIVED a large arsortment of O Fancy Jobbing Typo, at the Timfs Printing Office, Broadway, Bcefton. BCBIP FOBMS, printed in first-class style, in any color, vt the Times Office, Breadway, Beefton. mBANSFEB FORMS, neatly printed, in Jl foolscap form, to bo obtained in any number, at the Times Office, Eeeft'on. T AND TEANSFEEACT LANDS ALIENATED or contracted, to bo alienated from the Crown in fee prior to the coining into operation of " The Land Transfer Adt/ 1870," may be brought under the provisions of the Act by application from the persona 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 bringing the land under the pro visions of theJLand Transfer Act;— 1. When the Title consists of a Grant, dated on or subsequent to the 28th December, 2841, none of the land included in which has been dealt with— ' Where the Certificate ' of titlo is directed to issue in the name of i the A rolicant : Value of land £100 ... ... «0U 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 £100 in value. >■■-•■■ 2. Whpn 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 yalue of the land is £300 ... ... 3 12 6 Where the yalue of the land is £400 ... ... ... ... 4, 1 8 Where the value of land is above £400, the fees increase at the rate' of4s2d (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, Whon desired by the Applicant in all eases where the proprietor applies to have the land registered under the Aot in his own name, and the fees may remain unpaid until land is dealt with. . Any person, therefore, who wishes to t : his land under the provisions of the Act, order that whenever he deals with it ho be in a position to ' avail himself of facilities afforded by having ' a Begistereb Title, can do so Without Any Present Cost, by allowing the fees to remain unpaid until such dealing' tafces place. £fe will then be in a position to Mortgage, Transfer, Lease, ov 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 all fees are returned, with the execptior of that amount. OERTIFICATES~"oF TITLE ARE ABSOLUTELY INDEFEASIBLE. ALL TITLES ABE GUAEANTEED BI THE GOVEBNMENT. On all Conveyances by Deed under the old system, the cost of registration in the Deeds Begißtry, over and above the Solicitor's charge, is never less than Fifteen Shillings, frequently very 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 & whole section is conveyed } and where only partis conveyed . (and therefore a fresh Certificate of Title is necessitated), of Thirity-ono Shillings, which is the highest sum allowed by the Act, no c matter what the yalue or area of the land. Under the Regulations in force on and after the Ist January, 187k, the charge' for Certificates of Titles issued upon 'I Memoranda of Transfer is reduced to 'Ten 'Shillings in all : cases where the value of th® land is under Ten Pounds. „ The total cost of executing a mortgage or ; lease of land, registered" under the Act, i& Twelve Shillings, no matter what the amount ! involved. ' ' A mortgage may be transferred or dis- ; charged, or a lease transferred or surrendered '. for If ive Shillings. ' ' ■ THESE OPEBATIONS INTOLVE KO DELAY. ' ' I The following are some of the adamtiaes I Wnfcrred by the Land Transfer system •— I 1. It secures tho principal benefits and ad- I vantages sought to be attained in a, I system of registration of deeds. I 2.'.1t renders retrospective investigation of title unnecessary as to aU lancl're. I, gtttered. I 8, It simplifies tho Titles to Beal Property \ for the iuturev ■■■•„■ I 4. It makes purchasers of tho fee and f leases perfectly secure. ' L 5. IMmplifi og , to the utmost possible f extent, he lorms o f transfer arid the \ modes oi conveyance. | 6. It increases the saleable valao of land. | 7. It tends to lower the rate ol interest on ; loans secured on lands. I - 8. It gives facilities for the sale of large |i t estates m allotments. I 9. Transactions con be eflected at B moment s notice, and at a minimum | : of cost. •■■■>■■ i > 10. Frauds in the purchase and gale of land ore: eflecttfally prevented; because 'the 1 C'ertificute dl Title in the possession ol - the Meodoe shows the exact condition ! oi the estate, i.e., it the estate be xnorfe ' gaged, encumbered, or leased. Memo- | rundu disclosing the particulars ol any such transactions uiiccting the estute are wiitteji u|cn the tertiJicuto