Article image
Article image

TAND TRANSFER ACT" )J'¥ Sm or contracted to '' D alienated horn the Grown in fee urior Ur the coming mto operation of « The Land The following are examples f the Yea payable or Ringing the land »nder 2 T o visions of the Land Transfer Act:— P I. When the Title consists of a Grant, dated on or eubsequent to the 28th December, 1841 none of the land iuoluded in whkh, Las been dealt with— "»*i» Where tl»e Certificate of tit i» directed to ist>ue in ttie name of the A lplicant : Yalujß oi hgA. £I °o »tttr-» Where the Certificate ot titfe i» directed to isnue in the name of ' the Purchaser: Value. of land ' jeioo ... * ... .;. . m nb 0 These charge* are increased hj 4« 2d* (Assurance Fund) for eveij additiona! ' £100invalue» 'j 2. W]>en the Applicdnt h> tie origin Onmtee, and the land- ha» been dealt .'. with ; oc?i?b«rt^ttie^Aii|»lii»ni isd||^Uio Where tbe Taliue of tbe land n £100 ... ... ... ... £2 14 2 Where the value of the land £200 " .'~ „. 3 8 Where the value of tbe land is ■ . £30 # ... ... 8 12 6 Where the value of tbe laxkl i» £400 ... • ... . 4 1 8 , Where tho value of land is above £400, the tees ncrease at the rate of 4<f 2d^^k»uNance Fund) for ove»j additional £11^0 itt^* yalue. .- • . n y These charges aleo represent tk».eoft> of Conveying Land. „' r I }•,■•>* -r?" Inasmuch aB applicants to bring land under* *■' the Act can direct the Certificates of Titli)to> issue in the names of any otkro pessons-. . . ■ Credit fer Fees ier Given, / ' v '^ When desired by the Apjlifant in all cases > T where the proprietor »pplie»-te> have the land' registered under the Act in his- own name,; and the fe*s may tfemain imp. until aid is deal'^ tt *t| Any person, therefore^ wJio w»h«s to brinn' his land under the .provisions- of the Act, ig order thut whenerer he deute- with it he mnv ;., be in a positiou to avail* 'hknseif of xhe '/' iaci)ities aiiorded by having, a Registered + Title, can Jo so Without Anyvfaeseht^Cost,; by allowing the fees to remain unpaid until ■< such dealing takes place. He Vill then be £•■ in a position to" Mortgage,. aVansfer, I^ase," *■ or pthorwise deal with, his lmuLak a monMut's ."': notice. • ■ Any Title, however teng:aiMs oompiex, may • be investigated at a cost to^the AppliOant of ' only Five Shillings; for if the Title is reected al fees are returued^wilh the exception oi that! lauut. . . * . •.' „ ■-■ -. •- ■ * CERTIFICATES OF TlTfcls ARE . AB3OLFTELY ISDEPBASIBLKi t ' ALL TITLES ARE. &UAEA.NTEBI) BX TUB Gt>Vß»KMfirr. On all CpnTejancesshyDeed under the old . s/stetu, the co»t of registration m the Deeds Kegistry, over and abov»tb»B6licito'r's "charge, - is nevor less tba» .fifteen. Shillings, freijueutly Tery much more ;, vrhila-luad- which' has been bought under the- pr&wiiena- of " The Laud Transfer Act" can be transfenred at a Jotul ■'■ '. coßt oi Eleven Shillinge-wher© a whole sejiioii econveved ; .aad whera eßly.paiXis conveyed (and therefore a fresh. CeWjlkate of Title is I'ecesßituted), of Thinty-ouu fijhillufgs, Whfeh - .; iB the highest, sum allowed. by tlm Act, nQr-.. : . matter. whut thV^alufror-aveaof the laud. „ , A mortgage xnaji, b» transfwred- or' di*--...; charged, or a lease trop«kare4 or^arrtuulerod . ibr Five Shillings. Under the Kegulatw»»-i»forc9 on and after' the Ist January , ; 18725,. tbe charge for Certificates of Titles u«uedt> liujou AleuioraiUla of Transfer is- reduced;. [Can.ShUlutgs fa all cases where th« «ulu»* J h»ud |4- ttitUer Ten Founds. ••• . ."■ " ' ' ;.-..' Th total cost ofi. execu? 0 mortgage o , .. lease of land, registemtd uad»i h Act, ia Twelve Shilliuga, UMHttttr wb» • ill- amount involved. THESE OTERAfTKmS' INVOLVE NO I>JKI.A¥.. The following are som^ ot th» adwintigeacoufcrred by the Land;. 'transfer system :-_ 1. It sccureß the priuck)al bsnefite and advantages sougnt to ne attained in the--By»teui oi registration ot deed*, 2. It renders retrospective iiivwjtigation of title unnece&iUiry; a» to all- laud re'« gisiered.. ; 3. ll simplihos the Xitl« to- Keal Property lor Ihe future 4. It mates purchasers: of.Aho.fee atVtt" .leases perioutly tfecui«. ■. :. . ■ 0, Al siiiipliUßi),. tt) th« att*i»nr ppWibiA"..' v.i, iht> lwtus o> txuibler and jtlu* moriwof conv«ynnp«. ''6. It increases iliu-stueab-e, value pf'laiid« 7- ll ieiid»-W lowwr tl«e rate •' >«ik)iv.irt -un, tuuiio otoured on lai;Jf>v . tf. ll gi*«» laciiuk-b ior. the effee oi lur^n «flaies iu-aUotneiitsw cna iF '• y. 'Imudacliuub be ' nep . ' uiouwui 1 * uoiiee^ and at a nuuiuiuia OFPIiCI\L DEIiKCTDRY FOB LvAN'JAHITA. - M ACHSTBATE AX »- WjMJDEHf tMr W. H: Resell J^^TlCE•^ OP THE PeaOß.:; MpG. (J. Howiuhii aiii 1^??. Br««nn*n • Wakdbn'sClebk— also KenirtingOffircr tor House ot iiepresasifitM'es and Registrar of Biriß*^ Deaths, aud , - Marma^eiK. Mr H. Lucas Assistant Warden's ®!«rk t Mr A. CoifielU . Olßcer-iu-ChaTge of Fbli3e r. Serjjpant Seville Po>T AJn><TELB6iI(A3?H I Officer-in ,„ M.r G> W. SampsonDistrict SurTevor v Mr J. Montgoiuei ie i.epri'Stndalivt' i» i'urlisuncnt = 'K. W e»toii, Esq. CtUNTV CuV-KCltr Cliairman ... Al r f. Brennaa Clerk ... .„ J. Wj»i-01.1 Knmneer ... K. U. Gnrven r Mrml'^ru of C>-onerP— Gr«. Brenimn. 1 Craitf. F««ehan, l'«!te»«»», l»vin X , VVii 9 liaius, liyrue, aud Kihet. » Bank N t pw Zealand— H'alinn-H} Bnnk — } MrP.ckcitnu, Mr, I. Lttwis, Malinger. Mauager.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/IT18830601.2.12.7

Bibliographic details

Inangahua Times, Volume VIII, Issue 1279, 1 June 1883, Page 3

Word Count
826

Page 3 Advertisements Column 7 Inangahua Times, Volume VIII, Issue 1279, 1 June 1883, Page 3

Page 3 Advertisements Column 7 Inangahua Times, Volume VIII, Issue 1279, 1 June 1883, Page 3