Statutes of Newfoundland and Labrador 2013 Chapter 9

Important Information
(Includes details about the availability of printed and electronic versions of the Statutes.)

Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows:

SNL1998 cS-13.2 as amended

1. Section 5 of the Services Charges Act is repealed and the following substituted:

Land registration charge

5. (1) A charge is payable to the Crown for the registration in the Registry of Deeds under section 7 of the Registration of Deeds Act, 2009 of a conveyance of land, a notice of mortgage or the assignment of a lease of land.

(2) The amount payable under subsection (1) for each registration of a conveyance or an assignment of a lease of land shall be paid at the time of registration and shall be

(a) $100, where the value of the land that is the subject of the registration does not exceed $500; and

(b) where the value of the land that is the subject of the registration exceeds $500, $100 plus $0.40 for each additional $100 or part of $100.

(3) The amount payable under subsection (1) for each registration of a notice of mortgage shall be paid at the time of registration and shall be

(a) $100, where the amount of indebtedness secured by the mortgage does not exceed $500; and

(b) where the amount of indebtedness secured by the mortgage exceeds $500, $100 plus $0.40 for each additional $100 or part of $100 to a maximum of $5,000.