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tW" . '■■ ■ .*" "■** I ' . J i.m —y"*"'""* ~— Business 5 Notices, CALL RECEIPT TOEMS, .printed 01 , durable paper, aud bound in, any styl and number, at tho Times Oiiice, Reofton. COMPANIES' PAY-SHEETS suppliet on tho shortest notipp, and atreducot ratoa, at the Tiiies Office. t TrUST REOEIVED a largo arsortment o _S Fanoy Jobbing Type, at tbe TIMHi Printing Office, Broadway*; Reefton. 1 QORIP FORMS, printed in firet-clnsi , O stylo, ia any color, vp tho Tidies Offico 1 Broadway, Reofton, TRANSFER FORMS, neatly printed, in foolscap form, to be obtained in any munbor, at the TiM^S Office, Reefton. TAND TRANSFER ACT LANDS ALIENATED or contracted to be alienated from tho Crown in feo prior to ttfe coining into ODoration of "Tho Land TAnsfer Act, 1870," may bo brought under "the^ provisions of tho Act by application from , fcho^porso 138 entitled thereto. All Lands alienated from tho Crown after the coming into operation of " The Land Transfer Aot. 1870," are subject to, and ,must be dealt with, in manner prescribed by •the Act. The following are examples f tho fee payable for bringing tho land under tho pro visions of tho Land Transfer Act : — 1. When the Title consists of a Grant, dated on or subsequent to the 28th December, 1841, none of tho land included in which has boon dealt with-^** Where the Certificate of title is ' directed to issue in tno name of the Applicant: Value of land. •gIOO ... £0 11 2 Whero tho Certificate of title is directed to issue in the namo of tho Purchaser. Valuo ofland £100 ... ... 1 10 0 Thoso charges aro inoreased by 4s 2d (Assurance Fund) for eirory additional £100 in valuo. 2." When the Applicant is tha original Grantee, and the land has boon dealt with j orwhero the Applicant is not tho j original Grantee— . V Whero the valuo of tho land is | £100 .... ... £2 14 1,2] Whero the valuo of tho land £200 3 8 4 Where tho value of the- land is £300 8 12 6 Where the' valuo of tho land is £400 ... ... .' 4 18 Where the value of land is above £40,0, thei foes increase at tho rato of 4s 2d (Assurance Fund) for every additional £100 in valuo. These charges also represent the cost of Conveying Land, Inasmuch as applicants to bring land under tho Act can direot the Certificates of Title to issue in tho names of any other persons. j Credit for Fees is Given, • j Whon. desired by tho Applicant in aH.caseswKe*i# the proprietor applies to have thb land' roflStoifed -onder tho Act in his awn -name r and tho feos niay remain unpaid , until laod is dealt with. — ~- • , - • Any porson, therefore, whq v wishes to g ' his land undor tho provisions|c*f tho Act, order that whenever he-jdeals with ithe bo in a position to avail himself of facilities afforded by having a Registered Title, con do so Without Any Present Cost, by allowing tho foes to Iromaiu 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 notico. . _ ' i) '. ' ' : * -| Any Title, howovor long and complex, may l be investigated at a cost to the Applicant of j only Five Shillings ; for Hf the Title is 'rei ected all feos aro returned j| with th^ : I of that amount. \ certificates'^op! title are ABSOLUTELY INDEFEASIBLE, ALL TITLES ARE GUARANTEED Bl THE GOVERNMENT. On all Conveyances by Deed under tho old system, the co*,t of registration in the' Deeds Registry, ovor ahd abovo tho Solicitor's charge, is,nevor less thdhFiffeon Shillings, frequently very much moro j while land which has been bought undor the provisions 'of ■ <■? The Eahdi Transfer Act'? can bei transferred at a totalcost of Eleven Shillingsjwhoro a wholo section* is conveyed j and wherO-onry partis convoyed (and therofore a fresh .Certificate of Title is necessitated), of Thy-ity-one Shillings,; which, is the highest sum allpwod by the Act, no jnatter what tho yalue or area of the land. ■ Under tho Regulations in force on and after tho Ist January, 187^> t^e charge for Certificates of Titles' issued %ori Memoranda of Transfer is reduced to .sl>n. Shillings in all cases where tho YalUo^ 'o^t^o''lan'd is under iqh Pounds. f:y Tho total cost of exbCuitin^'a mortgage or lease of lan^,,-yegisl*«Miihder fcbo Act, ia TwelvoShillings, nomattei*, what the amount involved. A mortgage may bo^transferrcd or discharged, or a lease transferred or surrendered ior Fiye Shillings, , ■ j •*/.. !''./■' ' THESE OPERATIONS INVOLVE NO PELAY., Tho following are some oi tho advantages ?onferred by theLand.iVftnsfor system :— 1. It secures tho principal benefits and advantages sougTit to bo attained in. a system of registration of deeds. 2.^11 renders retrospective investigation of title unnecessary as to aU land registered, 8, It simplifies the Titles' to Real Property for tho future* ■ 4. It makes purchasers pf the feofind leases perfeotly secure. •".•'■ 0. It simpliflcß, to the utmost possible extent, the forms of trausfer and the i n i odes of convoy anoe. 6. It inoreases the saloablo valuo ofland, , 7- It touds to lower tho rato oi interest or i loans secured on lands. - 8. It gives iucilitios for the sale of laru< estates in allotments. 1). Transactions can bo effected at i momonts notice, and at a minimun „ of cost. 10. Frauds in the purchaso and sale of hrn i wo eilectually prevented, becauso th. . Certificate, oi 'litio in the poßsoßsion o the Vendor shows tho oxuot conditio] ol the estate, i.e., if the estate bo mort gaged, encumbered, or leased, Memo rauda disposing the particulars oi an such transactions aiiocting tho estat we written upon the Certificate

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https://paperspast.natlib.govt.nz/newspapers/IT18770702.2.11.2

Bibliographic details

Inangahua Times, Volume IV, Issue 36, 2 July 1877, Page 4

Word Count
938

Page 4 Advertisements Column 2 Inangahua Times, Volume IV, Issue 36, 2 July 1877, Page 4

Page 4 Advertisements Column 2 Inangahua Times, Volume IV, Issue 36, 2 July 1877, Page 4

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