4. It makes purchasera of the fee and leasee perfectly secure 5. It simplifies to the utmost poasible 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 canbe 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 eatate, i.e., if the estate be mortgaged, encumbered, or leaaed. Memoranda disclosing the particulars of any such transaction affecting the eatate are written upon the Certificate of Title. FEES CHARGEABLE UNDER LAND TRANSFER ACT. (Extract from "New Zealand Gazette No. 64, of 9th December, 1871.) For bringing land under the pro- £ s. d. visions of the Act — When the title eonsiats of a grant dated on or subsequent to the 28fch December, 1841, and none of the land included therein has been dealtwith 0 2 0 When the title ia of any other description, and the value exceedߣ3oo 10 0 When the title ia of any other description, and the value exceeds £200 and does not exceed £300 G 15 0 When the title is of any other description, and the value exceeds £100 and does not exceed £200 0 10 0 When the title ia of any other description, and the value doeß not exceed £100 ... 0 5 0 Contribution to aaaurance fund upon first bringing land under thia Act, and upon the regiatration of an eatate of freehold in poseesaion derived by aettlement, will, orinteafcacy — in the pound sterling 0 0i Other Feeß : — For every application to bring land under the Act ... 0 5 0 For certificate of title where the came is issued in the name of any applicant grantee ... Nil For certificate of title issued upon any memorandum of transfer where the consideration is under £10 and is not nominal ... ... 010 0 For every ofcher certificate of title 1 0 Registering memorandum of transfer, mortgage, encumbrance, or lease 0 10 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 5 0 For every revocation order ... 010 0 Noting caveat 0 10 0 Cancelling or withdrawal of caveat and service of notice j to caveator or eaveatee . ... 0 5 0 Issuing order for foreclosure ... 1 0 0| For every search ... ... 0 2 0 For every general search ... 0 5 0 For every map or plan deposited 0 5.0 For eveiy instrument declaratory of trusts, and for every will or other inatrument deposited ... ... 010 0 For Registering recovery by proceeding in law or equity, or re-entry by lessee ... ... 010 0 I For regiatering vesting of lease in mortgagee, eonaequent on refusal of trustee in bankruptcy to accept the same... 010 For entering notice of marriage i ordeath 0 10 0 For entering notico of writ; or order of Supreme Court ... 010 0 Taking acknowledgment of married woman ... ... 0 5 0 Taking declaration in case of loafc grant or other instrument, ' j or where production of dv- | plicate is dispensed with ... 010 0 Taking affidavit or statutory declaration ... ... ... 0 5 0 For the exhibition or return of any depoeited inatrument, or for exhibiting or returning deeds surrendered by applicant proprietor ... 0 5 0 For certified copy, firat five folios, per folio of eeventytwo wordß ... 0 5 0 For every folio or part folio after first five 0 0 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 f , Lands purchased from the Crown since the coming into operation of the Land Transfer Act cannot he dealt wifch under the old evstem. JOSHUA STRANGE WILLIAMS, 80 Registrar-General of Land.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TS18730905.2.16.3
Bibliographic details
Star (Christchurch), Issue 1724, 5 September 1873, Page 4
Word Count
704Page 4 Advertisements Column 3 Star (Christchurch), Issue 1724, 5 September 1873, Page 4
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