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I 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. 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. t 9. Transactions can be effected at a moment 8 j notice, and at a minimum of cosfc. j 10. Frauds in the purchase and sale of land j are effectually prevented, because the certifi- 1 cate of title in the possession of the vendor , shows the exact condition of fche estate, i.e., ! if the estate be mortgaged, encumbered, or, leased. Memoranda disclosing fche particulars , of any such transaction affecting the estate are written npon the Certificate of Title. ' FEES CHARGEABLE UNDER LAND TRANSFER ACT. (Extract from "New Zealand Gazette," No. 64, of 9th December, 187 L) For bringing land under the pro- £ s. d. visions of the Act — When the title consists of a grant dated on or subsequent to the 28th December, 1841, and none of the land included therein has been dealt with 0 2 0 When tho 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 0 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 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 J Gfiser Fees : — For every application to bring land under the Acfc ... 0 5 0 .For certificate of title where tho same is issued in the name of any applicant grantee ... Nil Fa? certificate of title issued upon any memorandum of : transfer where the consideration is under £10 and is : not; nominal ... ... 010 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 pi-oprietor 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 5 0 For every revocation order ... 010 0 .Noting caveat 0 10 0 •Cancelling or withdrawal of caveat and, service of notice to caveator or eaveatee ... 0 5 0 ls£uing order for f oreclosure ... 1 0 0 Fotv every 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 iaw or equity, or re-entry by lessee ... ... 010 0 For registering vesting of lease in mortgagee, consequent on refusal or trustee in bankruptcy to accept the same. . . 0 10 0 For entering notice of marriage or death 0 10 0 For entering notice of writ or order of Supreme Court ... 010 0 Taking acknowledgment of j married woman ... ... 0 5 0 Taking declaration in case of lost grant or other instrument, or where production of duplicate is dispensed with ... 010 0 Taking affidavit or statutory declaration ... ... ... 0 5 0 For tho 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 coining into operation of. the Land Transfer Act cannot be dealt with under the old system. JOSHUA STRANGE WILLIAMS, 9302 . Registrar-General of Land. '

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https://paperspast.natlib.govt.nz/newspapers/TS18721122.2.16.4

Bibliographic details

Star (Christchurch), Issue 1478, 22 November 1872, Page 4

Word Count
743

Page 4 Advertisements Column 4 Star (Christchurch), Issue 1478, 22 November 1872, Page 4

Page 4 Advertisements Column 4 Star (Christchurch), Issue 1478, 22 November 1872, Page 4