More Info →Levin Small Farm Allotments - page 1

Description

Land Purchase Types

AMR 1890 CI p7 Annual Report of the Crown Lands Department

The following brief expose of the land-laws in force...

Cash Lands

Town and suburban lands are sold by auction; rural lands either by auction or, more generally, by free selection, after being proclaimed open at a fixed upset price, when they may be either taken up for cash, deferred payment, or perpetual lease, at option of selector, who is restricted to 640 acres of first-class land and 2,000 acres of second-class land for cash selections.

Deferred-payment Lands

Are thrown open for selection as above, but the price is 25 per cent above that of cash or perpetual lease. Selectors are restricted to 640 acres, and must make certain improvements on the land. The freehold is acquired after either ten or fourteen years' annual payments. Residence is compulsory.

Perpetual-lease Lands

Are also thrown open for selection as above, and the rent is fixed at 5 per cent, on the capital upset cash price. The selector is restricted to 640 acres of first class land, or 2,000 acres of second-class land, and must make certain improvements, after which he can buy out the freehold. Leases are for 31 years with perpetual right of renewal. The improvements belong to selector Residence compulsory. The small areas are limited to 50 acres, but are otherwise held on the same terms as ordinary perpetual lease.

Agricultural Leases

Are let on application within the goldfields. They are limited to 320 acres, generally with an upset price of £.1 per acre, on which the selector pays 2s 6d a year for 17 years, when the freehold becomes his.

Village-settlement Lands - Cash

Consist of village and small-farm sections not exceeding 50 acres each, declared open for selection at an upset price of not less than f5 an acre for village and £1 an acre for farms. Village sections are disposed of by auction amongst the applicants if more than one, and small farms by lot. Village sections must not exceed 1 acre, and small farms 50 acres.

Village-settlement Lands^. - Deferred payment

Are disposed of just as above, but the payments are distributed over ten years. They are subject to improvement and other conditions, as proclaimed from time to time.

Village-settlement Lands - Perpetual Lease

Are disposed of like those for cash above, the rent being 5 per cent on cash price. The freehold may be acquired. Improvements are necessary

Identification