Page 4 Advertisements Column 2

Inangahua Times, Volume IV, Issue 18, 21 May 1877, Page 4

CALIi RECEIPT fOBMS, printed on durable paper, aud bound WW*S* and number, at tie Tnm Oflfc*. &***>* /^mwPANTKS' pAT-SHEEIS supplied O^eSj^Moa, and produced TITST BEpErFJSB 8 lai^e arsortment of *j Fane/ Jobbing Typo, at the Times .Printing Oißpc, Broadway, Reefton. SCRIP FORMS, printed in first-okse style, in any coloif, tit the Times, Oflke, Broadway, Beefton. mRANSFER FORMS, neatly printed, in X foolscap form, to bo obtained in any number, at the Times Office, Rcci'lou. TAND IEANSFEE ACT LAND 3 ALIENATED or contracted to be alienated from the Orowy in fre prior to the coming into elevation oi " The Land Transfer Act, 1870," may be brought under the provision of the Act by application from the poisons enticed thereto. All Lancia alienated from the Crown after the coming into operatipn of " The Land Transfer Act, 1870," are subject to, and must bo dealt with, in manner prescribed by the Act. The following are. example? f the fee payable for bringing the land under the pro visions of theLand Transfer Act :•— 1. When theTse consists of a Grant, dated on or subsequent lo the 28th December, 1841, none of the land included in which has been dealt with— Whore the Certificate of title ia directed to issue in the name of the A >plioant : Value of land £100' ... ... ... ...SOU 2 Where the Certificate of title is directed to issue in the name of the Purchaser \ Value of land £100 ..'. ... ... ' ... 1%0 0 these charges are increased by 4s 2d * (Assurance Fnnd) for eyery additional £100 in value. 2. When the Applicant is the original Grantee, and the land has *teen dealt with ; or whore the Applicant is not the original Grantee — ! Where the value of tho land ia £100 '.;.'■ ... ... ...£214 2 Where (h* value of the land £200 ... 3 8 4 Where the value of the land ia £300 ... ... ... ... 8 12 6 Where (he value of tho land is £400 "■'.;. ... ' ... ... 4 18 Where the value of land is above £400, the fees increase at 'the.' rate of 4a 24 (Assurance Fund) for every additional £100 in value. ' These charges also represent the cost of Conveying Land, Inasmuch as applicants to bring land tinder the Apt can direct the Certificates of Title to issue in the names of any other personal Credit for Fees is Given, When desired by the Applicant in aU cases where the proprietor applies to have the land registered under the Act in his own name, and the fees may remain unpaid until laad is dealt with. ' ' Any person, therefore, w&o. wishes to, j ' 1 his land under the provisions ot tho Act, * order that whenever he deals with it he w a a position to avail ' hjunself of i facilities afforded by having a Registered Title, cap do so Without Any PreaentCost, :by allowing the fees to remain unpaid until such, dealing takes place. He will then be in 'a position to Mortgage, Transfer, Lifts, or. otherwise deal \vilh fiyfe h\n4 at a moment s ; aotiee. ' • «■ •■ Any Title, however long and complex, may i bo investigated at a cost to the Applicant' of only Five Shillings j for ' if 'tho 'Title is re- i ected all fees are returned, with the excoptior A ofthatanaouni' ' ' ' CEBTIHOATEs"^oi l TITLE ARE = ABSOLUTELY I^P,E^EASIBLE. ALL TITLES AEBS GtJARAIfTIBIX BS THE GOVERNjpiNi:. ' On all Conveyances by Seed under the old system, the cost of registration in the Deeds Registry, over and above the Solicitor's charge, is never less than Fifteen Shillings, frequently /" my laucK more j while land which has been \ bought under tho provisions of lt The Land Transfer Act " can be transferred at a total cost of Eleven Shillings where a whole section is conveyed; and where only partia convened (and therefore a fresh Certificate of Tifle is liecesaitated), of Thirity-one Shillings, which is the highest suni allowed by the Act, no matter what the value or area of the land: Under the Regulations in forco on and after the Ist January,' lß7^> the charge for Certificates of Titles issued upon Memoranda of Transfer ia reduced to Tea Shillings in all cases where the value" of the land is uhdor , Ten Pound's. The total coat of executing a mortgage or lease of land, registered under the Act, is Twelve Shillings, no matter what the amount involved. A mortgage may be transferred, or dis- ' charged, or a lease transferred or surrendered . for Five Shillings. ' ; THESE OPERATIONS INVOLVE KO | '■"■"• DELAY. ; The following are some of tho advantages j Wnferred by the Land Transfer system :— ' 1. It seenres the principal benefits aud advantages sought to bo attained in a I ' system of registration of deeds. j 2.^lt renders retrospective investigation oi 1 title unnecessary as to all land re* j gistercd. ' " r 3, It simplifies the Titles to Real Propel ty 1 for the future, | 4. It makes purchasers of the fee and I If ages peribctTy secure' ! '' '■ \ &. It siwipiifics, to the utmost possible 1 extent, the forms of transfer and the I modes of conveyance. r 6. It mctou&fit the suable valuo of land. I 1. It tends to lower tho rate oi interest on I loans sccprcfl on landß. * I 8. It givers facility fd r the sale of large 1 estates in allottrients. 1 9. Transactions can bo effected at A s 22! 8 no - 1 -' ana at ° ™™™* 10. 1'raudsjn the purchase and sale of land are efltctualfy p Wem<3 a, because the i S? l^ oi 7«i9 in the possession oi ; tte Vendor shows the exact condiUon ! oi the estate, i.e., if the estate be mbrU I gnged, encumbered, or le«»sed. Memo- ! rftU ° a d wciosii,g the particulars oianv ; such transactions »Jlectiug the estate I , we written upon the Certificate J