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The Pamphlet Collection of Sir Robert Stout: Volume 62

Freeholds

Freeholds.

If lands are previously notified (i.e., declared to be open for sale or selection under the three systems) no person can acquire for cash a greater area on application than six hundred and forty acres of first-class land and two thousand acres of second-class land in any one land district.

2. Land which has not been notified under the Act of 1887 may be sold either on application or by auction without restriction as to the area that may be purchased. If by auction, it must have been previously surveyed and marked off on the ground into definite areas, designated "sections."

If the lands have been surveyed and notified they are acquired as above; one-fifth of the price is paid in with the page 25 application, and the remaining four-fifths, with Crown-grant fee, within thirty days. If unsurveyed, the cost of survey is paid in with the application, and counts as part of the purchase-money. On completion of survey the balance, together with Crown-grant fee, being paid, completes the transaction.