Page 1 Advertisements Column 4

Inangahua Times, Volume VIII, Issue 1295, 10 September 1883, Page 1

Public Notice LAND TRANSFER ACT LANDS ALIENATED or contracted tc be alienated irom the Crown in fee prior to the coming into oneration of " The Land Transfer Act, 1870," may bo brought under the provision* of the Act by application from the persons- titled thereto. All Lands lienated from the Crown after the coming ate operation of " The Land Transfer A . 1870," are subject to, and must bedea' with, in manner prescribed by )he Act. ■t-AtJn— ftiUowaag-. aworomplw- -f-"the ■ fee" payable' for bringing the land under the pro j 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— ■ Where the Certificate of tit is directed to issue in the name of the A iplicant : Value of land £100 ... ... ... ... fXt 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 £100 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 the land is £100 £2 14 2 Where the value of the land ; £200 ... 8 1 3 Where the value of the land is £30 ... 3 12 6 I Where the value of the land is { £400 ... • ... 4 18 Where tho value of land is above £400, the fees ncreaae 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 iesue in the names of any ether persons. Credit for Fees iB Given, When desired by the Applicant in all cases where the proprietor applies to have the land registered under the Act in his own iiarae, and me feta may remain trap until aad -s dealt with. Any person, therefore, who wishes to brinn his land under the provisions of the Act, ig order thai whenever he deals with it he may be in a position to avail himself of the facilities atibrded by having a Registered Title, can do bo Without Any Present Cost, by allowing the fees to remain unpaid uutil Buch dealing takeß place. He will then be in a position to Mortgage, Transfer, Lease, or otherwise deal with Jiib 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 ie rejected al fees are returned, with the exception of he rent. CERTIFICATES OF TITLE ARE ABSOLUTELY INDEFEASIBLE. ALL TITLES ARE GUARANTEE]) BY THE, GOVERNMENT. On all Conveyances by Deed under the old system, the coat of registration in the Deeds Registry, over and ahove the Solicitor's charge, is nevor 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 section conveyed ; and where only part is conveyed (und therefore a fresh Certiiicate of Titlo is iiecesßituted), of Tkirity-onc Shillings, which is the highest sum allowed by the Act, no matter what the yalue or area of the land. A mortgage may be transferred or discharged, or a lease transferred or surrendered for Five Shillings. Under the Regulations in force on and afte the Ist January, 187k,, the charge for Certificates of Titles issued upon Memoranda of Transfer is reduced 'Hen Shillings in all cases where the value land is under Ten Pounds. Th total cost of exeou mortgage o jeaso of land, registered unuei h Act, is Twelve Shillings, no mutter wUa t amount involved. THESE OPERATIONS INVOLVE NO JJELAr. The following are some of the ndranti^es conferred by the Land Transfer sjste..i :— ° 1. It secures the priuchml benefits ivul :vlvautages sought to* De atnuiie.i llt ii io system of registration of deeds. 2. It renders retrospective investigation ol title unnecessary as to all laud registered. 3. It simplifies the Titles to lie-il J'loportv ior the future 4. It makes purchitsers of the fee and leases periectly secure. b. it simplifies, to th? utm v. fc possible ; J.t, the tonne o truusier «ua Uie iiiodt's of eonveyaiii-e. 6. It increases th*> saieab'e value of land. 7. It tends to lower the rate o' ••itci.^c on loans secured, on lai.Js. 8. It gives facilities for tlie effe^ ». large estates in allotments. c*n ii" 9. Transactions be Jiei . nioineut'a uotice, and at a minimum fosi. TO TLUVIiLUOIs. ~"~ COUUTSErs .UTSOTIOX ACCO .\J. M OD A'fi OIWII o V >. K . Inaiitvihuu Junction. ACCOMMODATION for ITaVELLIuts I'oaf on fiic river lor cros-snu lo Lv . -J UST J4K r KDTl^7™^7o" • ?J k&wf /obbing Tjy.-, nt i'm: ii ii ,i i'vintinjj; U;'.ice. L>:i>:i.iw^\ , ili-fi'toit. i