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2. It renders retrospective investigations of title unnecessary as to all lands registered. 3. It simplifies the titles to real property for the future 4. It makes purchasers of the fee and leases perfectly secure. I 5. It simplifies to the utmost possible extent the forms of transfer and the modes of conveyance. 6. It increases the saleable value of land. 7. It tends to lower the rate of interest on loans secured on lands. 8. It gives facilities for the sale of large estates in allotments. 9. Transactions can be effected at a moment's notice, and at a minimum of cost. 10. Frauds in the purchase and sale of land are effectually prevented, because the certificate of title in the possession of the vendor shows the exact condition of the estate, i.e., if the estate be mortgaged, encumbered, or leased. Memoranda disclosing the particulars of any siich transaction affecting the estate are written upon the Certificate of Title. FEES CHANGEABLE UNDER LAND TRANSFER ACT. (Extract from "New Zealand Gazette," No. 6<i, of 9th December, 1871.) For bringing land under the pro- £ s. d. visious of the Act — When the title consists of a grant dated on or subsequent to the 2Sth December, 181-1, and none of the land included therein has been dealt with 0 2 0 When the title is of any other description, and the value exceeds £300 10 0 When the title is of any other description, and the value exceeds £200 and does not exceed £300 8 15 0 When the title is of any other description, and the value exceeds £100 and does not exceed £200 3 10 0 When the title is of any other description, and the value does not exceed £100 ... 0 5 0 Contribution to assurance fund upon first bringing land j under this Act, and upon the registration of an estate of freehold in possession derived by settlement, will, or intestacy — in the pound sterling 0 0 £ Other Fees : — For every application to bring lend under the Act ... 0 5 0 For certificate of title whero the ' same is issued hi the name of any applicant grantee . . . Nil For certificate of title issued upon any memorandum of j transfer where the conside- j ration is under £10 and'is { not nominal ... ... 0 10 0 For every other certificate of title 10 0 Registering memorandum of transfer, mortgage, encumbrance, or lease ... ... 010 0 Registering transfer or discharge of mortgage or of encumbrance, or the transfer or surrender of a lease ... 0 5 0 Registering proprietor of any estate or interest derived by settlement or transmission 0 10 0 For every power of attorney ... 010 0 For every registration abstract... 10 0 For cancelling registration abstract ... ... ... 0 50 For every revocation order ... 010 0 Noting caveat 0 10 0 Cancelling or withdrawal of .caveat and service of notice to caveator or caveatee ... 0 5 0 Issuing order for foreclosure ... 100 For eyj?.ry search ... „ , 0 2 0 For. every general search ... 0 5 0 For every map or plan deposited 0 5 0 For every instrument declaratory of trusts, and for every will or other instrument deposited ... ... 010 0 For Registering recovery by proceeding in law or equity, or re-entry by lessee ... ... 010 0 For registering vesting of lease in mortgagee, consequent on refusal of trustee in bankruptcy to accept the same. . . 0 10 0 For entering notice of marriage or death ... ... ... 010 0 For -entering notice of writ or order of Supreme Court ... 010 0 Taking acknowledgment of married woman ... ... 0 5 0 Taking declaration in case of lost grant or other instrument, or \vhere production of duplicate is dispensed with ... 010 0 Taking affidavit or statutory declaration ... ... ... 050 For the exhibition or return of any deposited instrument, or for exhibiting or returning deeds surrendered by applicant proprietor ..". 0 5 0 For certified copy, first five folios, per folio of seventytwo words ... ... ... 0 5 0 For every folio or part folio after first five 0 0 8 For every instrument drawn on parchment ... ... 0 2 0 When any instrument purports to deal with land included in more than one grant or certificate, for each registration memorial after the first 0 2 6 Lands purchased from the Crown since the coming into operation of the Land Transfer Aak cannot be dealt with under the old system 30SUVA STRANGE WILLIAMS, 3802 Regiatrar-Gteneral of Land. ,

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https://paperspast.natlib.govt.nz/newspapers/TS18721120.2.14.4

Bibliographic details

Star (Christchurch), Issue 1476, 20 November 1872, Page 4

Word Count
730

Page 4 Advertisements Column 4 Star (Christchurch), Issue 1476, 20 November 1872, Page 4

Page 4 Advertisements Column 4 Star (Christchurch), Issue 1476, 20 November 1872, Page 4