Hawke's Bay Provincial Gazette – 1865 – No. 8

Page 67

✨ Land Lease Conditions



38

purchaser or lessee thereof for the term of 21 years from the date of sale, subject to the terms of a lease to be executed as hereinafter mentioned.

  1. The upset price or the highest bidding as the case may be for each lot shall be the amount payable by way of annual rent for the first seven years of the said term of 21 years. The annual rent payable for the next 7 years of the said term shall be double the amount of such upset price or highest bidding. The annual rent payable for the last seven years of the said term shall be treble the amount of such upset price or highest bidding.

  2. If the upset price for any lot be not bid, such lot shall be withdrawn from sale, but will remain open to be leased under the 9th condition.

  3. If any dispute shall arise between two or more bidders, the lot in dispute shall be immediately put up again.

  4. The purchaser or lessee of each lot shall immediately pay, by way of deposit, to the Superintendent’s clerk one-half of the amount of his or her bidding, which sum shall be considered as payment of one half-year’s rent upon the completion of the purchase or lease.

  5. If any person fail to make the payment by way of deposit as provided for in the last condition, the lot bid for by such person shall be immediately put up again for sale.

  6. A lease of each lot will be granted to each purchaser or lessee, and such purchaser or lessee will be required to execute a counterpart thereof within fourteen (14) days from the date of sale, and to pay the expenses of the lease and counterpart, and if any purchaser or lessee shall fail to execute such counterpart lease within the time lastly mentioned, the deposit paid by such purchaser shall be absolutely forfeited, and the purchase shall be declared rescinded.

  7. A copy of the proposed lease can be seen at the time of sale. Such lease will contain the usual covenants and provisos, and a covenant restraining the lessee from requiring the lessor to fence or contribute towards fencing the land comprised in such lease and land adjoining the property of the lessor.

  8. Any lots remaining unsold may, during a period of 6 months from the day of sale, be leased by any person at the upset price, subject to these present conditions.

  9. Should there be any simultaneous applications for the lots mentioned in the last condition, then such lot or lots shall be submitted to competition between the applicants only. The highest bidder at such sale shall be considered the purchaser or lessee, subject to the present conditions.

  10. Upon the execution of the lease and counterpart hereinbefore mentioned, each purchaser or lessee shall enter into possession of the lot comprised in his or her lease.

Printed under the authority of the Government of the Province of Hawke’s Bay, by JAMES WOOD,
Printer for the time being to such Government.




Online Sources for this page:

VUW Te Waharoa — PDF Hawke's Bay Provincial Gazette 1865, No 8




✨ LLM interpretation of page content

🗺️ Public Notification of Land Lease Auction (continued from previous page)

🗺️ Lands, Settlement & Survey
29 March 1865
Land lease, Auction, Napier, Educational Reserves, Crown Lands, Conditions of Sale
  • JAMES WOOD, Printer for the time being to such Government