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■y.y. -Busines^^oticcs^ CALL RECEIPT printed on ! durable paper, aud bound in any style |aod number, at the Times Office, Reofton. COMPANIES'^ PAY,SHEETS supplied on the shortest? notice, and 'at reduced rates^at the Times Office. a JUST RECEIYED a> large arsorfcment of Fancy Jobbing .? Type, 'at 'the TIMBS Pi&ting Office, Broadway, Reefton. SCRIP FORMS, printed in firßt'dais Btyle. in any color, «t the, Times Office, Broadway/ Beefton. TRANSFER FORMS, neatly printed, in foolseap form, to be obtained in any number, at the Times Offioe, Reefton. T ASD TRANSFERAOT LAK©9 ALIENATED or contracted to be alienated from 'the Orojni in fee prior to the coming in to * operation of "The Land Transfer Act, 1870," may be brought under the provisions of the Act by application from the persona entitled thereto. All Landß;alie»ated from the Crown after the coming.^intc operation of "The Land Transfer; AjSt, 1870," are subject to, and ' must be dealt with, in manner prescribed by the Act. Tho following are examples f tho fee payable for bringing the land under tbe pro visions of the Latid Transfer Act :— I. When the Title consists of a Grant, dated on or subsequent to the 28th December, 1841, none of the land included in whioh has been dealt with — y . ?71iere the Certificate of title is directed tb issue in tbe name of the A iplicant : Yalue of land £100 .;. ... «ou a Where the Certificate of title is directed to issue in the name of the Purchaser : Yalue of land £100 ... 1 10 O These charges are increased by 4s 2d (Assurance Fund) for every additional £100 in value. 2. When the Applicant is the original 'Grantee, and the lund has been dealt with; or, where; the Applicant is not tho „ original Grantee— Where the value of the land is £100 £2 14 2 ;. Where the value of the larid £200 3 8 4 the value of the laa&A. m&OO ... '\ |^i|B-12 6 Inhere the value" of the land' is' ' *'Imtio,..?P.\. ../■ . ... „ ... 418 Where the yalue of land is above £400, the fees increase at the rate of 4b 2d (Assurance Fund) for every additional £100 in take. 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, When desired by the Applicant in all cases where the proprietor applies to have the land registered Under the Act in his own name, and the fees may remain unpaid until land is dealt with. Any person, therefore, who wishes to f his land under /the. provisions of the Act, order that whenever he deals with it he be in a position to avail himself of facilities afforded by having a Registered Title, eun do so Without Any Present Cost, : by allowing the fees to remain unpaid until such 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 the Title is reected all fees are returned, with the exceptior of that amount. CERTIFICATES OP TITLE ARE ABSOLUTELY INDEFEASIBLE. ALL TITLES ARE GUARANTEED BS : THE/GOVERNMENT, On all Conveyances by Deed under the old 'system, the cost of registration in tho Deeds Registry, over and above the Solicitor's charge, is never less than Fifteen Shillings, frequently very much more j while land which has been bought under 1 the provisions of "The Land Transfer Act" can be transferred at a total cost of Eleven Sbillings^where a whole section is conveyed ; and where only partis conveyed (and there/ore a fresh Certificate of Title is ueceßsitated), of Thirity-one Shilling which is the highest sum allowed by the Actanol matter^^t the yalue or area of the land;/* ! Underlie Regulations in force on.andjafter the iWa^a^tl&J^, tlwficbwr^jforfCJ^iifi' catest^olSTitleflfiis^dfiiip^^l^^SSa' of l.T^^^is^^^^P^fflraHS> 'in all ' .caies^hero tfiiivalueSM^SlanlMs under |p|o&as. w^ipF *■ i total cost of executing a mortgage or j , lealelof land, registered under the Act, is j -Twelve Shillings, uo matter what the amount i involved. j A mortgage may be transferred or did- ' I charged, or a lease transferred or surrendered ! ior Five Shillings. ' | THESE OPER^iptf&INYOLVE KO j n■( y'" delM^ " ;*! The following are some of the advantages conferred by the Land Transfer system t— i 1. lt secures the principal benefits and advantages sought to be attained in a system of registration of deeds. 2.j,,1t renders retrospective investigation of title unnecessary as to all land nidi 1 gistered. .y , lf B', It simplifies thelTitleafio^Real Hxop6o for^hSlfutute. 4. It makes purchasers of the fee and leases perfectly secure. 5. It simplifies, <o the utmost possible extent, the ibrms of transfer and the modes of conveyance. 6. It increases the saleable value of land. 7. It tends to lower the rate oi interest on loans seoured dial lands. ■ ; „,8. It gives facilities" for the. sale of l uu estates injallotmenk; 9. Transactions can be effected at moment's notice/' and at a minimum oN6st. 7 10. Frauds in the purchase and tale of land are -eii'ectually prevented, b Certificate of Title in the p o the "Vendor shows' the ei*' of the estate, i.e., if the est gaged, encumbered, or icae v. „ i 'randa disciosiiig i 'the4parficfy /'' auon trarißaotio«B! e afl't)|ting;, f , " ar? Written i ßp«i the Co 1 \ ' ..

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https://paperspast.natlib.govt.nz/newspapers/IT18771228.2.3.2

Bibliographic details

Inangahua Times, Volume V, Issue 13, 28 December 1877, Page 2

Word Count
905

Page 2 Advertisements Column 2 Inangahua Times, Volume V, Issue 13, 28 December 1877, Page 2

Page 2 Advertisements Column 2 Inangahua Times, Volume V, Issue 13, 28 December 1877, Page 2

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