The Stourbridge Observer, Cradley Heath, Halesowen & District Chronicle.
Stourbridge, West Midlands, England, 1874-08-29 00:00:00

THE NEW ACT OF VENDOR AND

PURCHASER.

The statute to amend the Law of Vendor and Pur-
chaser and further to simplify Title to Land, which
received the Royal Assent on the 7th inst., will facili-
tate the transfer of land. The principal feature after
the 31st of December next will be that 40 years
instead of 60 be substituted as the root of title to land.
In the completion of any contract for sale of land
made after that day, and subject to any stipulation to
the contrary in the contract, 40 years shall be sub-
stituted as the period of title which a purchaser may
require, in place of 60 years, the present period of such
commencement, but an earlier title may be required in
similar cases in which an earlier title than 60 years
may now be required. Rules are laid down for regu-
lating the obligations and rights of vendors and pur-
chasers in the following manner :—Under a contract
to grant or assign a term of years, whether
derived or to be derived out of a freehold or lease.

hold estate, the intended lessee to assign shall
not be entitled to call for the title to the freeledd ;
!recitals, statements, and direcription of facts, matters
and parties contained in deeds, instruments, Acts of
Parliament:, r statutory declarations, twenty years old
nt the date of the-contract, shall. unless and except so
fir an they shall be pr..ved to be inaccurate, be taken
IFbe sufficient evidence of the trialt of. siitofects,
ttgret, and dig:onsialle Mahn" of vendor
furnish the , ex a legalinve Pro-
duce and funds copies of cements of title shall not
ihicatkebjection int title iu.case the tuella:ter will, on
on theasimpletion of the eontraet, Jlve ang. VplitAbli
4ight tlifthe proJitetion ti such doc ents, ruch cove-
nants I g production ,ei the' purchaser can aird shall re-
quite tO be franighed-at Ids expense. and the vender to
bear the expense of perusal and execution on behalf of
and by himself, andollbehalf of anti by ne..essary parties ,
other than the purchaser. and when the vendor retains
any' pert of ag estatt.tn which. any doeninent of title
re lateihe is tote taloned toevet+ tbe natntY Truatteea
~wohtt •celeuitiliiner ?,,hteillorip 0 ell i Tiler
i:en a },,,,,,atii• Ini ij,• viftr,,,t..h..
itinned. Further, att Pelteneti*stata6ta enables the legal
pereonal representative to eenvey the legal estate of
mortgaged property. Upon the death of a bare trustee
of any corporeal or incorporeal hereditament of which
hi was seized in fee-simple, such hereditament is to
vest like a chattel real in the legal personal represen-
•tatives, and when any freehold or copyhold heredita-
ment is vested in a married woman as a bare trustee
she may convey or surrender the same as if she were a
femme sole. After the commencement of the Act, for
which there is no day fixed unless it mean the 31st of
December next, protection and priority by legal estates
and tacking are not to be allowed. The non-registra-
tion of a will devising land in Middlesex or Yorkshire
ia to be cured in certain CalieS, and a vendor or pur-
chaser may obtain the decision of a Judge in Chambers
as to the requisitions or objections or compeneations in
any contract. The Act is not to apply to Scotland.