The Pamphlet Collection of Sir Robert Stout: Volume 66
Land Transfer
Land Transfer.
The Land Transfer Act, modelled upon the famous system introduced by Sir Robert Torrens in South Australia, has now been in operation in New Zealand for some years, and the simple and inexpensive means which it offers for dealing with landed property and mortgages have been freely and extensively taken advantage of, as is indicated by the figures in the following returns :—
page 88Extent. | Number. | Value. | |
---|---|---|---|
Acres. | £ | ||
Applications for registration | 743 | 1,082,659 | |
Transfers | 7,225 | 3,031,341 | |
Grown grants— | |||
Town and suburban | 242 | 427 | |
Country | 118,356 | 427 | |
Mortgages | 5,975 | 4,195,012 |
The fees paid to the Government on the above-mentioned transactions amounted to £27,091, being £21,927 for general fees and £5,164 for land assurance.