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— Biis^ness Notices. CALL BEOISIPT FORMS, printed on durable paper, oud bound in any stylo and number, >t the Times Office, Beefton. ° /COMPANIES' PAY.-SnEETS supplied s V/ on the shortest notice, and at reduced rates, ot tbe Times Office. , '» TUST RECEIVED a large arsortment ol • I Fancy Jobbing Typo, at the Turn Printing Office, Broadway, Roefton. i . : -. SOBIP FORMS, printed in first-class style, in any color, ot tbo Tisjes Office, Broadway. Peefton. mRANSFER FQRMS, neatly printed, in X foolscap form, to bo obtained in any number, at tbo Times Office, Reofton. T A N D /T EANSFER ACT LAND^ ALIENATED or contracted to be alienated from the Crown in feo prior to tho coating into operation of " The Land Transffi 1 Act, 1870," may be b?ought under the provisions of the Act by application from the tfbrsons entitled thereto. All Lands alienated from the Crown after thi coining into operation of " The Land Aot. 1870," are subject to, and jfaußt be dealt with, in manner prescribed by the Act. Tho following are examples f the fee payable for bringing the land under the pro visions of the Land Transfer Act: — 1. When the Title consists of a Grant, dnted on or subsequent to the 28th December, 1841, none of the land included in which has been dealt with— Where &g Certificate of title ia direoteato issue in ttie name of tie Applicant: Value of land 5100 ... ;flO 11 2 Where the Certificate of title is directed to issue in the name of the Purchaser : Value of land £100 1 10 0 Theso charges are increased by 4s 2d (Assurance Fund) for every additional £100 in value. 2. When the Applicant is tho original Grantee, and the land has been dealt with ; or where tho Applicant is not the original Grantee— Where the value of tho land is £100 ... £2 14 2, Where tbe talao ol the land £200 , 3 3 4 Where tb* value of tbe land k £300 8 12 G Where the talus ol the land is £400 4 18 Where the value of land ia 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 ia the names ofaaj 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 hist own name, and the fees 'may remaht unpaid until ! laad is dealt with. Any person, therefore, who wishes to | his land under the provisions ot the Apt, order that whenever he deals with it he be in a position to avail himself of facilities atibrded by having a Registered Title, can do so Without Any Present Cost, by allowing the feee to remain unpaid. until suoh 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 tbe Title is roected all fees are returned, w.ith the exception of that amount. CERTIFICATES OP TITLE ARE ABSOLUTELY INPEf EASIBLE. ALL TITLES ARE GUARANTEED BY THE GOVERNMENT. On all Conveyances by Deed under the old system, the cost of registration in the Deeds Kegistry, over and above tho Solicitor's charge, is never lees than Fifteen Shillings, frequently very much more j 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 part is conveyed (and therefore a fresh Certificate of Title is I'ecessitated), of Thirity-one Shillings, which is the highest sum allowed by the Act, no matter what the yalue or area of the land. Under the Regulations in force on and after tho Ist January, 187)4, the charge for Certificates of Titles issued upon Memoranda of Transfer is reduced to Ten Shillings in all caccs where tho value of the land is under Ten Pounds. The total cost of executing a mortgage or lease of land, registered under the 'Act, ia Twelvo Shillings, no matter what the amount 1 involved. A mortgage may be transferred or discharged, or a lease transferred or surrendered for live Shillings. THESE OPERATIONS INVOLVE, NO DELAY. The following aro some of tho ad-j-antises inferred by the Land Transfer syst&ai:1. It secures the principal benefits and advantages sought \o be attained in a system of registration of deeds. a.^lt renders retrospective investigation ol title unnecessary as to alj lauii ro . giatered. 4 - tt ii£X&' tho ftß ™ a 5. ll nmplifin, to tho „(„,« possible extent, tho lew „[ traoArLl the iDoclea oi conveyance. 6. It increases the saleable value of laud 7. It tends to lower the rate oi interest on lops secured on lands, 8. It gives lacilitiee for the gale of lar^e estates in allotments. 9. Transactions can bo effected at a Moment's notice, and at 6 minimum ol cost. 10. Frauds in the purchase and sale of land are effectually prevented, because the Certificate ol Title in the possession ol the V endor shown the vxuci condition oi the csttttv, i.e., it the estate be mortx gagetl, encumbered, or leased. Memoranda disclosing the particulars ot any eueh transactions oilucting the estate we wriium 4.M] the tertificato

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https://paperspast.natlib.govt.nz/newspapers/IT18770627.2.13.2

Bibliographic details

Inangahua Times, Volume IV, Issue 34, 27 June 1877, Page 4

Word Count
922

Page 4 Advertisements Column 2 Inangahua Times, Volume IV, Issue 34, 27 June 1877, Page 4

Page 4 Advertisements Column 2 Inangahua Times, Volume IV, Issue 34, 27 June 1877, Page 4

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