MANAIA. September 25.
An important ruling hao boon made by the Be^ibtr.tr-Genoral of Li nob in connection with brokorf)' chargia under the L*nd Tianafer Act. Tho effect of tho ruling iu that Iho nchodule unJet which brokers have made a practico of charging £9 for every extra covenant In mortgages apd loaeeB ip to bo read ao for one class only, however long and intricate tho deed way bo. Tho maximum charge thereforo allowable by him for deeds, where the consideration is under L400, is only 15 j. Ho also rules that no extra copios of decdn, if required by the parties, may bo chargod for. The Regiatrar-General givoa hie decision with Home hesitation apparently, rh he says that tho Bchedulo is not as clo»r as it might be.
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Bibliographic details
North Otago Times, Volume XXXVII, Issue 8086, 26 September 1894, Page 3
Word Count
129MANAIA. September 25. North Otago Times, Volume XXXVII, Issue 8086, 26 September 1894, Page 3
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