Page 4 Advertisements Column 2

Inangahua Times, Volume VII, Issue 1057, 6 March 1882, Page 4

Business Nolicas. LAND TRANSFER ACT LANDS ALIENATED or contracted tc be alienated from the Crown in fee prior to tho coming into oneration of " The Land Transfer Act, 1870," may bfc brought under the provision* of the Act by application Irom the persons: titled thereto. All Lands lienated from the Crown after the coming ate operation of " The Land Transfer A , 1870," ore subject to, and must be dea with, in manner prescribed by the Act. The following are examples f the fee pajable 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 has been dealt with— X Where the Certificate of tiff* is directed to issue in tde name of the A lplicant : Value of land £100 ... ...■*» 11 2 Wbere the Certificate of title is directed to issue in the name of the Purchaser: V~alue of land £100 1 10 0 These charges are increased by 4s 2d (Assurance Fund) for every additional £100 in value. 2. "When tbe Applicant is the original Grantee, and the land has been dealt with ; or where the Asgpligtft ia rio^tho original Grantee— # _v' Where tbe value of the ls»d -sjftfft/'" £100 ..; ... 2 Where the value of the land £200 : - 3 3 Wbere tbe value of the laud is £30 ... «• 3 12 6 Where the value of the land is £400 ... ... ■•• ... *1 «* Where tho value of land is above £400, the fees ncrease at the rate of 4s 2d (Assurance Fund) for every additional £100 in I value. . , * * These charges also represent the cost of Conveying Land. Inasmuch as applicants to bring land _under the Act can direct the Certificates of Tit*e to issue in the names of any other persons. 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 his own liame, and the fe-w may remain unp i*i 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 moy be in a position to avail himself of the facilities 1 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 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 Five Shillings j for if the Title is reected al fees are returned, with the exception of tha lamouot. CERTIFICATES OF 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 charge, is never less than Fifteen Shillings, frequently very much more j while land which has been bought under the provisions of "The Land Transfer Aot" 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 necessitated), of Thinty-one Shillings, 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, 187fc, 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 is under Ten Pounds. Th total cost 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 discharged, or a lease tuorsferred or surrendered lor Five Shillings. THESE OrERATIOJSS INVOLVE NO DELAY. The following are some of the advantiges conferred by the Land Transfer system :— • 1. It secures the principal benefits and advantages sought to ne attained in the system of registration of deeds. 2. It renders retrospective investigation ot title unnecessary as to all land re< gistered. 8, It simplifies the Titles to Real Property for the future 4. It makes purchasers of tbe fee and leases perluctly secure, b. It simplifies, to tbe utmitot possible Lit, the forma oi transfer and the Dioues of conveyance, 6. It increases the aaieab'e value oflimd. 7. It lends to lower tte rate o* tMtereat on loauß secured on lands. 8. It gives facilities for the sal? oi large estates in allotments. y. '1 ransitutions cun be effected at v moment's notice, and at a minimum CALL RECEIPT FORMS, printed on durable paper, aud bound in any style und number, at the liheb Office', R««ijtpn. . COMPANIES' PAY.SHEETS supplied \J on the shortest :ootice, and at reduced ruiee, at the Times Office. TUSTRE-J IVED a large areortment of O Fancy robbing Type, at tho TIMBS xiinting Office, Broadway, JSeefton. QCRIP FORMS, printed in first-class O style, in any color, «t tho KIMES Office, Broadway, Peeiton, — .JL iOoSFER FOEMS, neatly printed, in l3uap form, to be obtained in any the TiME 9 OUice, Reefton. P ROOFS OF DEBT, and other Forms in JL bankruptcy, on sale at tho ollico of this paper. TpORMS of Affidavit for Proxies nt meetings .<P ni o'mlitoi's, on 9i\te at the oUlcc of this cr.