LAND SALES TRANSACTIONS

Putaruru Press, Volume XXI, Issue 1236, 26 June 1947, Page 8

LAND SALES TRANSACTIONS

SUGGESTION EXAMINED A suggestion that transactions of less than £IOO in value should l not go before land sales committee was made by Mr. H. G. Dickie, Rotorua, at the quarterly meeting of the rehabilitation council held in Wellington. Mr. Dickie was commenting on the time taken for transactions to go through land sales committees, and considered his suggestion, if adopted, would speed up building considerably where sections of lesser value were involved. Replying to Mr. Dickie, the Minister, Hon. C. F. Skinner, said a similar suggestion alread had been examined, but it had l been considered that whatever figure was fixed

would immediately become the minimum price for a building section. . i The Minister contended that once the application was lodged undue delays did not occur in land sales transactions. More often than not an application was' not presented to the registrar until about a month after it had been completed, and therein lay the real delay. The average time taken for a case by the Wellington urban land 1 sales committee was three weeks. The rural committee sat three times' a. week and oftener if necessary.