Page 1 Advertisements Column 4

Inangahua Times, Volume VIII, Issue 1296, 12 September 1883, Page 1

Public Notice j AND TRANSFER ACT LANDS ALTENATED or contracted tc be alienated irom the Crown in fae prior to the coming into oneration of " The Land Transfer. Act, 1870," may b«> brought under the provisions of the Act by application from the persons: titled thereto. All Lauds lienated from the Crown after the coming ate operation of " The Land Transfer A . 1870," are subject to, and must bedaa* with, in manner prescribed by Hxe Act. The 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 has been dealt with — I Where the Certificate of tit is ; directed to issue in the name of the A >plicant: Value of land £100 fii 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 haa been dealt with ; or where the Applicant is not the original Grantee — Where tbe 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 8 12 6 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 bb applicants to bring land under the Act can direct the Certificates of Title to issue in the names of any ether persons. Credit for Fees is Given, When desired by the Apj. licant in all cases where the proprietor applies to have the land registered under the Act in his own uame, and tne fe?« may remain trap until aod :s dealt with. Any person, therefore, who wishes to brinn his land under the provisions of the Act, ig order that whenever he deals with it he may be in a position to avail himself of the facilities afforded by having a Registered Title, can do so Witkout Any Present Cost, . by allowing the fees to remain unpaid until . »uchi dealing talm pl*o«.«-4Ie will then be in a. position to Mortgage, Transfer, Lease, or otherwise deal wrtb'fiiß iand^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 rejected al fees are returned, with tueaxceptioa of be rent. CEETIFICATES OF TITLE ARE ABSOLUTELY! DEFEASIBLE. ALL TITLES ARE GUARANTEE]) Bl THE GOVERNMENT. On all Conveyances by Deed under the old aystem, the coat of registration in the Deeds Registry, over and above the Solicitor's charge, 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 sejlion conveyed ; and where only part is conveyed (and therefore a fresh 'Certificate of Title is i>ecessitated), of Tbinty-ono Shillings, which is the highest sum allowed by the Act, no matter what the value or area of the land. A mortgage may be transferred or discharged, or a lease trar«forred or surrendered for Five Shillings. Under the Regulations in force on and afte the Ist January, 187 i, the charge lor Certificates of Titles issued upon Memoranda of Transfer is reduced Ten Shillings in all cases where the value land is under leu Pounds. Th total cost of execu mortgage o jeasw of land, registered una 1 h Act, is Twelve Shillings, uo matter wha 1 amount involved. THESE OPERATIONS INVOLVE NO DELAY. The following are some of the advances conierred 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 of title uu necessary a* to all laud registered. 8, It simplifies the Titles to Real Property for the future 4. It makes purchasers of tbe fee and leases perfectly secure. t». It simplifies, to the utm *»t possible .i:t, the forms o transfer and the n.odes of cou vey anew. 6. It iucreuses tit* saleable value of land. 7. It tends to lower the rate o* interest on ioaus secured ou lanJs. 8. It gives iacilities for the effee oi large estates in allotment*. <wn iF y. Transactions be ncr moment's notice, and at a miniuiuui cost. TO TRAVELLED. ! i^OUKTNEF'S JUNCTION AC- \ COMMODATION^HOUdE. lnaugaLua Junction. ACCOMMODATION poe TRAVELLERS Boat on the river for crossing to Lyell. JUST RE IVED a large arsort.nent of ' ianey , obbiijg Type, at the Txicrs Jfrinting Office, Broadwa;-, Reeitou.