Page 4 Advertisements Column 4

Inangahua Times, Volume II, Issue II, 29 March 1880, Page 4

Business Notices. CALL RECEIPT FORMS, printed on durable paper, aud bound in any style and number, at the Times Office, Reefton. COMPANIES' PAY-SHEETS supplied \J on the shortest notice, and at reduced rates, at the Times Office. TUST RE i IVED a large arsortment of f) Fancy robbing Type, at the Times Printing Office, Broadway, Reefton. SCRIP FORMS, printed in first«class style, in any color, «t the Kimes Office, Broadway, Beefton. mRANSFER FORMS, neatly printed, in X foolscap form, to be obtained in any number, at tbe Tikes Office, Reefton. PROOFS OF DEBT, and o ther Forms in Bankruptcy, on sale at the office of this paper. FORMS of Affidavit for Proxies at meetings of Creditors, on sale at the office of this er. r AND TEANSIIE ACT LANDS ALIENATED or contracted to be alienated from the Crown in fee prior to the coming into oneration of " The Land Transfer Act, 1870," may bfc brought under the provisions of the Act by application from the persons entitled thereto. | All Lauds alienated from the Crown after i the coming into operation of "The Land Traasfer Act. 1870," are subject to, and must be dealt with, in manner prescribed by the Act. The following are examples f the fee payable for bringing tbe land under the pro visions of the Land Transfer Act:— 1, When tbe Title consists of a Grant, dated on or subsequent to the 28th December, 1841, none of tbe land included in which has been dealt with — Where the Certificate of title is directed to issue in tne name of the A lplicant : Value of land £100 &> 11 2 Where the Certificate of title is directed to issue in the name of the Purchaser: Value of land £100 # ... ... 110 0 These charges are increased by 4s 2d (Assurance Fund) for every additional £lfiO in value. 2. When tbe 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 is £100 ... &14 2 Where the value of the land £200 3 3 Where the value of the land is £30 3 12 6 Where the value of the land is £400 4 18 Where tbo value of land is above £400, the fees ncrease at the rate of 4s 2d (Assurance Fund) for every additional £JOO in value. These charges also represent the cost of Conveying Land. Inasmuch as applicants to bring land under tbe Act can direct the Certificates of Title to issue in the names of any other persons. Credit for Fees is Given, When desired by the Api licant in all cases | where the proprietor applies to have the land registered under the Act in his own name, and the fe*B may remain unpaid until bad 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 Regis^|M Title, can do so Without Any Yreteutj^^M by allowing tbe fees to remain t^^^^^^M such dealing takes place. jlH^^^^^^H in a position to Mortgag^^^^^^^^^M or otherwise deal with lu|^^^^^^^^^^^^H notice. Any Title, however l^^^^^^^^^^H be investigated at a coj^^^^^^^^^^^^H only Five Shillings ;^^^^^^^^^^^H ected all fees are tetin^^^^^^^^^^^^B of that ainoußt. ' CERTIFICATES^^^^^^^H ABSOLUTELI^^^^^^^H ALL TITLES AE J^^^^^^^^H TBE GOV^^^^^^^^H On all Conveyancev^^^^^^^^^^^H system, tbe cost of ve^9^^^^^^^^^M Registry, over and above tne^^^^^^^^^H is never less than Fifteen Sluj^^H9P^H I very much more ; while land which has beeu bought under the provisions of " The Land Transfer Act " can be transferred at a total cost of Eleven Shillings where a whole section is conveyed ; and where only part is conveyed (and therefore a fresh Certificate of Title is necessitated), of Thinty-onc Shillings, which is the highest sum allowed by the Act, no matter what the yalue or area of the land. Under tbe Regulations in force on and after the Ist January, 187 is, the charge for Certificates of Titles issued upon Memoranda of Transfer is reduced to Ten Shillings in all cages where the value of the land i 3 under Ten Pounds. Tbe total cost of executing a mortgage or lease of land, registered under tbe Act, is Twelve Shillings, no matter wUat the amount involved. A mortgage may be transferred or discharged, or a lease transferred or surrendered ior Five Shillings. THESE OPERATIONS INVOLVE KO DELAY. Tbe following are some of the advantages conferred by the Land Transfer system :~ 1. It secures the principal benefits and advantages sought to oe attained in the system of registration of deeds. 2. It renders retrospective investigation ol title unnecessary as to all laud re gistered. 3. It simplifies the Titles to Real Property for the future 4. It makes purchasers of the fee and leases perfectly secure, b. It simplifies, to ths utmiv?fc possible extent, tlie forms of transfer and tbe modes of conveyance. 6. It increases tbe saleab'e value of land. 7- It tends to lower the rate ot interest on loans secured on lands. 8. It gives facilities for the sale oi large estates in allotments. 9, Transactions can be effected at a moment's notice, and at a minimum SCO6t.