The Sun.
London, England, 1870-02-18 00:00:00

SALE OF LAND TO TENANTS.

The second part deals with the interesting question of
transferring holdings which the landlord is willing to sell
to occupiers; by the intervention and with the assistance
of the Irish Board of Works. Upon an agreement being
made between the two parties, either of them may apply
to the Commissioner of Works. But no sale of the kind
can be arranged, unless the landlord be the absolute owner
of the property—that is, unless he be the owner in fee-
simple of freehold land, or the possessor of the whole inte-
rest in the case of leasehold land. The application shall
be accompanied by a deposit by the tenant of a sum of not
less than one-fourth part of the sum agreed to be paid for
the holding, and of such further sum (if any) to be
deposited by the landlord by way of security for costs,
as the board may require. The Board will make inquiries
into the title of the land, the circumstances of the
persons concerned, 4c.' and will then carry the sale into
effect. The court will have full power to decide all ques-
tions relative to these sales of land. Part third
makes provision for advances to assist the tenant
in making these purchases. " The Board (of
Works) may advance to any tenant who has
purchased his holding in pursuance of this Act any sum
not exceeding three-fourths of the price of such holding,
and upon such advance being made the holding shall, upon
an order being made by the Civil Bill Court to that effect,
be deemed to be charged with an annuity of six pounds
ten shillings for every one hundred pounds of such ad-
vance, and so in proportion for any less sum, such annuity,
to be limited in favour of the Board and to be de-
clared to be repayable in the term of twenty-two
pars, commencing from the date of the advance."
But no person who gets his land in this way can let or
subdivide or sell it, without the consent of the Board,
until all the advanced money is repaid. Where
an absolute order for the sale of any estate has been
made by the Landed Estates Court, and the tenant of any
holding forming part of such estate is desirous to purchase
ench holding, he may apply to the Board in the prescribed
manner to advance any sum not exceeding three-fourths
of the amount. The conditions as to the repayment,
sub letting &c., are the same in this as in the preceding
case. The Landed Estates Court are to give all due facilities
for tenants to acquire the property. If the landlord is
willing to sell the whole (but not a part) of his estate, and
if only four-fifths of the tenants are prepared to buy, the
board may advance to other purchasers who are not
tenants one-half the purchase-money. The rate and tithe
of repayment are the same. The board's advances are
are always to be the first charge on the estate. Any tenant
who buys with the help of the Board may liquidate the
whole sum whenever he may be able.
Landlords, too, may have money advanced to them
on certain conditions. They may have assis-
tance in paying compensation to their tenants,
under the first clauses of the bill. This assistance is to be
given on security of the land, and it is to be repaid, like
the money lent to the tenants, in twenty-two years, at the
rate of £6los. a year for every hundred pounds. On the
same terms landlords may have advances to reelaim..waste
lands. • •