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Business Notices. f\\\A, Hf£t . KlfT P'ORMS. printed on. j .fliii'fiblppV)|K;i^iiiul boiiiifl'i)] »ny ptyle mid liuiiibi'ivntjhk il'iSißS Offici. 1 , -Reiilton. ' ■_ \ •^OAfPANTKS' PAY.* HERTS Piippfircl ! • :\J on-the^lmi;tPsl. ißOlice, ar.d at ruiliice'd ■ at thes'l'iMliS OJlico. ,■ ' j JUST KECEIVrci) n InVffe nrsoctment of EniK'v <( Jol)liii]ij Type. <it tlie TjAits l J iinting..Oliice,'i Lipuclwuv, Beeflbn. h ... x i-'y /i ■*' ' " QCRIP FORMS, print pfl in flrsf-clnsa , O style, in unj color, ut tlio TiiiUs Offiue, Bioudway, Put'fion.- - , _ _^ j . hnRAN-'-FEB 'FORMS, nwitly printed, hi J. fitolsHip form, to l>e i>l>tiiini'(l in any i iiu iir «r, i-t the 'limes OUice, K«elton. ) "—:r : ' I | T" A K D IRASS'O 11 A C T -^ __ ; ! LANDS AT.TRNAI'KD or .'oiitrnftori t" j be uli( j ii!it('d from tlieCrnwn in (»•© j.ii-ior {<• the coiiiinjf in'o onerntion <f " The-Linid T'viiiipl'i'V A oi, 1870," iniiy ~je l,?oti^hh under Iho provisions ol tlie Act; by u^nliciition li-oai i the {iprsonn enfiticrl thpreto. ' , ' ! All Liimls ttlionutpil fi'oiii the Crowngiifti'r Hie coming intc operation of " The.JMJfcl i Transfer Aot. r 1870," are subject (l<9K(t : must be deal^ with, .in manner preßcwbiM& ( . The following are oxamplea f the {cc payable for I ringing tho land under t lit- pro vicious of flip Lund Transfer Act: — 1. When the Title consists. of n Grunt, thited on oi" Btibspqiu'iir. lo the 281 li J)e<'('ml>cr, 1841, none of tlie land included, in whidu hiip but'n driilt with — Where the Certiiiento of title ia directed to issue in t-uo name of * the A '\jlicuhtJ Vuluc of lund £100 ... £0 11 2 'Where the Ceitificufe of title i.s directed to issue in llic name of the Purchaser: Value of land £100 1 10 0 These charges are increased by 4s 2d t (Assurance Jhuid) for every . additional \ £100 ,in viilue; h 2. When the Applicant is the original Grantee,: and? th<; land has been dealt with ; or ' vrliero the Applicant is not tho r&'i original Gwui.tee — 'VT-iiere^the 'Tultie of the land is £100 „ M .... £2 11 2 Where the valuo of the land _ T 4?200 . ...... ... ... „;• 3 3 4 Where 1 the,, value of the land is £300 3 12 G Where the value of the land is i £400 4 18 Where the value of land is above £400, tho .. J.evß increase at the rate of ,4s 2d (Assur- , Vance I?und) fov every additional £100 in value. These charges olso represent the cost of Conveying Land. Innsmncn as applicants to bring land under tht" Act can direct the Cei^t-ifioates of Title to jssue'in tlie.naine.s of any other' persons. Ci'ediffoi'F^es'.isG-iyen, i. Wlien'dehired'"by the Apiliuant in all cases where the proprietor applies to }nive the hnir 1 registered under the Act in his own name, and tho faus may remain unpaid until la id is dealt with. ; Any person, therefore, who wishes to; { «•■ !iis land under the ]n"O7;sions of the Aft, Xj ,orcle.r lhat whenever he dfinls-. with ifc J-ie bo' iiv a positioii to <avail| himself ■ of facilities', uflbrded ' r by having a' Registered Title, eun do so Without Any Present Cost, by allowing the fees to miium unpaid 'until such dealing tukes plai-e. He will ihdn be iv a position to Mortgage, Tmnsfi'i 1 , Lease, or otherwise deal with bia laud at a moment's notice. \ Any Title, however long and complex, may be investigated ut a cost to the Applicant of only Kive Shillings; for if the Title is! reeded all fees are returned, with the exceptioi A of that an.oui4. j UEETIFICATES OP TITLK ARE AIUOLUTELY INDEFEASIBLE. ALL TITLES ABE GUARANTEED, BY 7 rp ; 'TIIE''GOYFBNMIfNT. . ." \\ t; On all;'Conveyancei by under.J^ie|ild 4yste"m,'thecbsf"of fegie'trailon iv the Deeds Registry, over and above the Solicitor's charge, is never less than fifteen Shillings, frequently /- rerr much more ; while land which has been Bbought under the provisions of " Tiie Ltind ■ Transfer Act" can b© transferred at a tptul cost of Eleven Shillings where a whole se jtion is conveyed; and where only partis convened (ttnd therefore a fresh Certificate . of Title' is necessitated), of Thiiity-one Shillings, which is the highest sum allowed by "'the Act, '.no matter what the value or area of the land. • Under the Kegulations in Ibree on and alter Ist January, 187 i, the c-hai'ge,for Certificates of Titles issued upon Me'i|'oranriti'of Transfer ia reduced to Ten Shillfffga in all cases where the value of tho land is under •Ten Pounds. Th« total cost of executing a mortgage or lease of lund, registered under tlie Act, [is Twelve Shillings, no matter what the amount involved. ■ '■ *?' A mortgage may be transferred or discharged, or a lease trapsfcrved or surrendered iori'ivo Shillings. THESE OPERATION S INVOLVE Kd ■ DELAY. .. . *■ 'The following- arc sdme of the ad'WtWes ijuierred by the Land Transfer system .-- °; 1. It secures the piiucipal benelits and advantages sought to he attained in a system of registration of doeds. 2.JU renders retrospective investigation oi title uu'iuecasury as lo all land re gistcred. 3, It sin.pliiies tho Titles to Real Property for tho i'uturu, , J _ „ 4. It makes purchasers of the fee tfod •^leilsCfl perfectly secure. t .j 5. It eimphiies, to the utmost : pOߧibk extent, the lorn.s of transfer uud the modes of conveyance. 6. It incii'useb tho saleable value of landi 7- It tends lo lower the rate ol interest 'on loans secured on lands. ' 8. It gives lucilities ior tho gale of W estutce in allotments. 9. Transactions can be e/Jectod at mouient's. notice, and at a minimum oi cost. 10. Frauds in the purchase and sale oi hind are elicctuuliy prmuiU'd, 6 •Certificate 9i Title in the po the Vendor (shows the e.\a ! oi the estate, i.e., it the cst guged, encumbered, or lous vaiitia dibciublng Iho piutic BiMjn transactions ailicting t are written ujfcn "tije tc/ [■ eJ'- , ' f I

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https://paperspast.natlib.govt.nz/newspapers/IT18771219.2.13.2

Bibliographic details

Inangahua Times, Volume V, Issue 11, 19 December 1877, Page 4

Word Count
946

Page 4 Advertisements Column 2 Inangahua Times, Volume V, Issue 11, 19 December 1877, Page 4

Page 4 Advertisements Column 2 Inangahua Times, Volume V, Issue 11, 19 December 1877, Page 4

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