Page 4 Advertisements Column 3

Star (Christchurch), Issue 2043, 24 September 1874, Page 4

«*T YTTELTON miMES" T>RINTING TTOUSE, LITHOGRAPHIC, COPPER-PLATE, ENGRAVING, _ BOOK-BINDING, AND MAOHINE RULING ESTABLISHMENT, Gloucester Street and Cathedral Square, Christchurch, N.Z. "POSSESSING a very Large and Varied ASSORTMENT OF TYPE, Together with POWERFUL MACHINERY, Of the most approved description, ' THIS ESTABLISHMENT IS GREATLY SUPERIOR TO OTHERS IN THE PROVINCE, i And Equal to any in the Colony. LAND TRANSFER ACT?. LANDS ALIENATED or contracted to be alienated from the Crown in fee, prior to the coming into operation of " The Land Transfer Act, 1870," maybe brought under the provisions of the Act by application from the personß entitled thereto. All Lands alienated from the Crown after the coming into operation of "The Land Transfer Act, 1870," aire.subject to, and must be dealt with in' manner prescribed by the Act. ■ ■ . The following [axe examples of the fees payable for bringing land under the provisions of the Land Transfer Act : — . , 1. When the Title .consists .pi a Grant,, dated on ©r subsequent to the &Bth December, 1841, none of the land included in which has been dealt with — £ 8. d. Where the Certificate of Title is directed to issue in the name of the Applicant Value of land £100 ... Oil 8 Where the Certificate of Title is directed to issue in the name of the Purchaser : Value of land £100 ... 11 2 These charges are increased by 4s 2d (Assurance Fund) for every additional £100 in value. 2. When the applicant is the original grantee, and the land has been dealt with ; or where the applicant is not the original grantee— Where the value of the land iߣloo ... 214 2 Where the value of the land is £200 3 3 4 Where the value of the land is £300 ... 3 12 6 Where the value of the land is £400 1 8 Where the value of the land is above £400 the fees increase at the rate of 4b 2d (Assurance Fund) for every additional £100 in value. These charges also represent the cost of conveying land, inasmuch bb applicants to bring land under the Act can direct tho Certificates of Title to issue in the names of any other personß. Credit for fees is given when desired by the applicant, in all cases where the proprietor applies to have the land registered under the Act in hia own name, and the feeß may remain unpaid ur til the land is dealt with. Any person, therefore, who wishes to bring his land under the provisions of the Act, in order that whenever he deals with it he may be in a position to avail himself of the facilities afforded by having a Registered Title, con do so without any present cost, by allowing the fees to remain unpaid until such dealing takes placo. He will then be in a position to mortgage, transfer, lease, or otherwise deal with his land at a moment's notice. Any title, however long and complex, may be investigated at a cost to the applicant of only ss , for if the title is rejected, all fees are returned, with the exception of that amount. CERTIFICATES OF TITLE ARE ABSO LUTELY INDEFEASIBLE. Under the old system of conveyancing if a single deed iB lost, the title is in many cases rendered 'absolutely defective, and therefore unmarketable, while in others it can only be rectified at great cost. Peraons who bring their land under the Act, surrender all their deeds, and reoeive in exchange a Certificate of Title, a duplicate of which, is retained in the office. If the certificate in the possession of the registered proprietor is at any time lost, or destroyed by fire, &c., a new certificate s supplied by the Registrar at a Bmall cost. ALL TITLES ARE GUARANTEED BY THE GOVERNMENT. On all Conveyances hy Deed under the old system, the coßt of Registration im the Deeds Registry, over and above the Solicitor's charge, is never less than 15a, frequently very much more; while land which haa been brought under the provisions of the Land Transfer Act can be transferred at a total cost of lis where a whole section is conveyed ; and where only part is conveyed (and therefore a Fresh Certificate of Title necessitated), of 31s which is the highest sum allowed by the Act, no matter what the value or area of the land. Under the Regulations in force on and after the Ist January, 1872, the charge for Certificates of Title issued upon Memoranda of Transfer is reduced to 10a in all cases where the value of the land is under £10. The total coat of executing a Mortgage or