Page 4 Advertisements Column 4

Inangahua Times, Volume II, Issue II, 31 March 1880, Page 4

Business No' ices. CALL RECEIPT FORMS, printed on durable paper, aud bound in nity style and number, at the Times Office,. Eeefton. pOMPANIES' PAY-SHEETS supplied \J on the shortest <iotice, m.d at reduced rutes, at the Times Office. TUST RE IVED a large arsortment of *) Fancy jobbing Type, at the Timfs Glinting Office, Broadway, Reefton, QCEIP FOE MS, printed in first-class 0 style, in any color, rat the Times Office, Uroachvay, Peefton. mEANSFER FORMS, neatly printed, in JL foolscap form, to be obtained in any number, at the TiatEa Office, Eeefton. PROOFS OF DEBT, and other 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. rAND TEANSFERACT LANDS ALIENATED or contracted tc be alienated from the Crown in fee prior to the coming into operation of " The Land Transfer Act, 1870," may bo brought under the provisions of the Act by application from the persons entitled thereto. All Lauds alienated from the Crown after the coming intc operation of " The Land Transfer Act. 1870," are subject to, and must be dealt with, in manner prescribed by the Act. Tbe following are examples f the fee payable for bringing the land under the pro visions of the Land Transfer Act : — 1. When the Title consists of a Grant, dated on or subsequent to the 28th December, 1841, none of the land included in which lias been dealt with— Where the Certificate of title is directed to issue in tne name of the A rolicant : Value of land £100 fit 11 2 "Where the Certificate of title is directed to issue in the name of the Purchaser: Value of land £100 1 10 0 These charges are increased by 4s 2d (Assurance Fund) for every additional £iflo 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 tbe land is £•100 £2 14 2 Where the value of the land mm ... 3 3 Where the value of tbe land, is £30 3 12 6 Where the value of the land is £400 4 18 Where the value of land is above £400, the fees ncrease at the rate of 4s 2d (Assurance Fund) for every additional £100 in value. These charges also represent the cost of Conveying Land. Inasmuch as applicants to bring land under the 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 uaroe, and the fess may remain unpaid until 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 Begisten^| Title, can do so Without Any Tveseati^^M by allowing the fees to remain uM^^^^^H such dealing takes place. in a position to Mortga^^^^^^^^^^^H or otherwise deal with his^^^^^^^^^^^| notice. Any Title, however lon^^^^^^^^^H be investigated at a cost^^^^^^^^^^^^J only Five Shillings ; |^^^^^^^^^^^| ected all fees are retun^^^^^^^^^^^^H 01 that amouct, v ■'. >^^^^^^^^^^^^H certificatj:s"~^^^^^^H A£3oLUT£LYl^^^^^^H ALL TITLES ABl?9^^^^^^^^| TEE GOVS^^^^^^^^H On all Conveyances b^^^^^^^^^^H system, the cost of re S^^Rß|j^^^^^^^| Registry, over and above thftionpHMHH is never less than Fifteen Shill%s7sequeuMp yery much more ; while land which has been 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 partis conveyed (and therefore a fresh Certificate of Title is i-ecessitated), of Tbirity-one Shillings, which is the highest sum allowed by the Act, no matter wbat tbe value or area of the land. Under tbe Regulations in force on and after the Ist January, 187*, the charge for Certificates of Titles issued upon Memoranda of Transfer is reduced to Ten Shillings in all cases where the value oi the land is under Ten Pounds. The total cost of executing a mortgage or lease of land, registered under tbe Act, is Twelve Shillings, uo matter wuat the amount involved. A mortgage may be transferred or discharged, or a lease transferred or surrendered foi- 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' De attained in the system of registration of deeds. 2. It renders retrospective investigation ot 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, ft. It simplifies, to tag utmost possible extent, tLe lorma oi transfer and the modes of conveyance. 6. It increases the saleab'e value of land. 7. It tends to lower the rate o* 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 icost.