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Business Notices. 1 r AND' TRANSFER ACT LANDS ALIENATED or contracted tc he alirntite.'l from the Grown in fee prior to tlie coming into oneration of " The Land Transfer Act, 1870," may bo brought under fhe provision*-! of the Act by application from llie person--: titled thereto. All Lands lienated from the Crown after the coming otc operation of " The Land Transfer A . 1870," are subject to, and must be dea with, in manner prescribed by the Act. The following nre examples f the fee payable for bringing tho land under the pro visions ofthe 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 has been dealt with — •tVhere the Certificate of tit is directed to issue in the name of the A iplicant : Value of land £100 ... fR. 11 2 Wbere the Certificate of title is directed to issue in the name of the Purchaser i Value of land -£100 1 10 0 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 han been dealt •with ; or where the Applicant is not the original Grantee-^ Where the value of the land is £100 £2 14 2 Where the value of the land £200 ... .*• 3 3 Where the value of the land is £30 -. ... 312 6 Where the value of the land is £400 ... ... 4} , 8 Where tho value of land is above £400, the fees ncrease at the rate of 4s 2d (Assurance Fund) for every additional £JOO in These charges also represent the cost of Conveying Land. Inasmucn as applicants to bring land under fhe Act can direct the Certificates of Tite to issue in the names of any other persons. Credit for Fees is Given, When desired by the Api lieant in all cases where the proprietor applies to have the land registered under the Act in his own name, and the fe*?* may remain unp i*t until lajd is dealt with. . Any person, therefore, who wishes to bring bis land under the proTisions of the Act, in order that whenever he deals with it he may be in a position to avail himself of the iacilities afforded by having a Registered Title, can do so Without Any Present Cost, by allowing the fees to remain unpaid until such dealing takes place. He will then be in a position to -Mortgage, Transfer, Lease, or oth.rwiße 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 Five Shillings ; for if the Title is reeded al fees are returned, with the exception ol tha lamouvt. CERTIFICATES OP TITLE ARE ABSOLUTELY INDEFEASIBLE. » ALL TITLES ARE GUARANTEED B_ THE GOVERNMENT. On all Conveyances by Deed under the old system, the cost of registration in the Deeds Registry, over and above the Solicitor's oharge, | is never less than Fifteen Shillings, frequently very 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 sejtion isconveyed } aad Where only partis conveyed (and therefore a fresh Certificate of Title is necessitated), of Thinty-one Shillings, which is the highest sum allowed by the Act, no matter what the yalue or area of the land. Under the 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 of the land ia under Ten Pounds. Th total cost of executing a mortgage or leas*, of land, registered under the Act, is Twelve Shillings, no matter what the amount involved. A mortgage may be transferred or discharged, or a lease tuarifeKed or surrendered tor _. ive bhillings. THESE OIERATIOInS INVOLVE NO DELAY. The following are some of the advantages conferred by the Land Transfer system :— 1. lt secures the principal benefits and advantages sought to ne attained in the .y stein oi registration of deeds. 2. It renders retrospective investigation ol title unnecessary as to all laud re> gistered. 3. lt simplifies the Titles to Real Property loi tae future 4. It makes purchasers of Uie fee and leute. per.e.uy secure. &. it Biuipliiie., to thfl ut«i "it possibk ..it, the forms o. transfer and tne u.c>-£B oi conveyance. 6. lt increases the' saieab c value of laud. 7. il leiiun to lower tie rate o' ritcru-t on loaiis secured on .ui_J_. 8. It gives lacuities iur the sal. oi lurge > u-iai.es iv allotments. V. 1 ransactions cxn be effected at a uiuu.ent'- Jjouee, and at a miiauniin CUB-. C^ALL RECEIPT FORMS, printed on ) durable paper, aud bound in any style aud number, at the Times Otfice, Reelton. COMPANIES' PAY-SHEETS supplied / ou the shortest, notice, aud at reduced raies, at the Times Office. JUST RE-- IVED a large arsortuient of Fancy jobbing Type, at the Timks x-iinting Office, .Broadway, Reefton. QCRIP FORMS, printed in first-class style, in any color, «t the KIMKs Otfice, .broadw ay, Peeiton. — - X /ooSFER FORMS, neatly printed, in i3uap form, to be obtained in any the Times Ollice, Reeitou. |> ROOFS OF DEBT, and other Forms in X iiiiukrupioy, on sub ut ihe ollice ol thiti •j..p.r. jr.**.O R M.S orAllidnv'tforProxie-iitmeotingi __ ■ oCCicditoi-s, ou suit! At t!n* ollic-e ul thi** ■

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/IT18820220.2.15.2

Bibliographic details
Ngā taipitopito pukapuka

Inangahua Times, Volume VII, Issue 1051, 20 February 1882, Page 4

Word count
Tapeke kupu
912

Page 4 Advertisements Column 2 Inangahua Times, Volume VII, Issue 1051, 20 February 1882, Page 4

Page 4 Advertisements Column 2 Inangahua Times, Volume VII, Issue 1051, 20 February 1882, Page 4

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