Page 4 Advertisements Column 2

Inangahua Times, Volume IV, Issue 97, 19 November 1877, Page 4

Business Notices. j CALL RECEIPT FORMS, printod on durable paper, and bound in any stylo and number, at the Timms Office, Eeefton. /COMPANIES' PAY-SHEETS supplied \J on tho shortest notice, and at reduced rates, at tho Times Office. TUST RECEIVED a largo avsortment of O Fancy Jobbing Type, at the Tiaiirs Printing Office, Broadway, Reefton. SCRIP FORMS, printod in first-class stylo, in any color, t3t tho Times Office, Broadway, Peefton. mRANSFER 3?ORMS, neatly printed, in JL foolscap form, to be obtained in any number, et the Times Office, Reefton. T AND TRANSFER ACT Jj4|S©B ALIENATED or contracted to be alienated from tho Crown in fee prior to the coming into operation of "Tho 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 coining into operation of " The Land Transfer Act. 1870," are subject to, and [ must 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 Titlo consists of a Grant, dated on or subsequent to tho 28th December, 1841, none of the land included in which has been dealt with— Where the Certificate of title is directed to issue in the name of the A >plieant: Value of land £100 Mll 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 erery additional £mo in value. 2. When the Applicant is the original Grantee, and the land has boen dealt with ; or where the Applicant is not tho original Grantee — Where the value of the land is £100 £2 U 2 Where the value of the land £200 8 3 4 Where tho value of the land is £800 8 12 6 Where tho value of tho land is £400 4 18 Whore tho value of land is above £400, tho fees increaao at the rate of ia 2d (Assurunce Fund) for every additional £100 in value. These charges also represent the cost of Conveying Land. Inasmucii as applicants to bring land under tho Act can direct tho Certificates of Titio to issue in the names of any other persons. Credit for Feos is Given, When desired by the Apj. licant in all cases where tho proprietor applies to have the land registered under tho Act in his own name, Eind the fees may remain unpaid until laid is dealt with. Any person, therefore, who wishes to t n his land under the provisions of tho Act, J arder that whenever he deuls with it ho be in a position to avail himself of facilities afforded by having a Registered Title, can do bo Without Any Present Cost, by'allowing the fees to remain unpaid until such dealing taies place. He will then be tv a position to Mortgage, Transfer, Leaso, sr 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 inly Five Shillings ; for if the Title is re-, ected all fees are returned, with tho exceptior / of that amouvfr. * UERTIFICATES OF TITLE ARE ABSOLUTELY INDEFEASIBLE. ALL TITLES ARE GUARANTEED BI TUB GOVERNMENT. On all Conveyances by Deed under the old 3ystem, the cost of registration in the Deeds Registry, over and above the Solicitor's charge, is never loss than Fifteen Shillings, frequently very much more ; while land which has been I bought under tho provisions of " The Lund Transfer Act " can be transferred at a total :ost of Eleven Shillings where a whole 6e v 'tion is conveyed; aud where only partis conveyed (and therefore a fresh Certificate of Titlo is ■ecossitated), of Thirity-one Shillings, which is the highest sum allowed by tho Act, no matter what the yalue or area of tho land. 1 * Under tho Regulations in force on ami after the Ist January, 187k, the charge for Certifi. antes of Titles issued upon Memoranda of Transfer is reduced to 'I'eu Shillings in all cuees whoro the value of the laud is under Ten Pounds. The total cost of executing a mortgage or leaso 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 trausfa-ved or surrendered iovl'ive Shillings. THESE OPERATIONS INVOLVE NO DELAY, The following are some of the ad-aatiges jonlerred by tho Land Transfer system :- 1. It secures the principal benefits and advantages sought to be attained in v system of registration ol' deeds. 2.^lt rendors retrospective investigation oi title uu necessary as to all land ro . gitJtered. 8, ll simplifies the Titlos to Real PioaeHy ior the future. J 4. It makes purchasers of tho fee and leases perfectly secure. 5. It simplifies, to tho utmost possible extent, tl'.o iorn.a of tnuislur uud the in odes of conveyance. fi. It increases the suleablo value of land. 7- It tends to lower the rutu oi intercut on loane secured on luncis. 8. It gives facilities tor the salo of We estates in allotments. 9. Transactions can be oflectcd at a inoroent'u notice, uud at a minimum oi cost. 10. Frauds in the purchase and- sale of land arc I'ilectuuJJ.y prevented, because the L'l'i'lilit'utu ol Tilla in the possession ot the Vendor bJiowb tho exuet eomlitiou ol the Cbtate, i.e., il the estate bo ni un« gaged, encumbered, or leased. Mem . ruuda ciiecJOßiug ti-io pimieulai's o euc*i transactions aLwctiug the o are wntteu upcu tLc cuiiJiout