
Before going into the reasons as why you should get PPSR Certificate, let’s dive into what the Certificate is all about. The PPSR (Personal Property Security Registration) system is the register of a security interest in personal property that mainly focuses on debts and other obligations. Personal property includes cars, company assets, boats, cars, used goods, and intellectual property. Anybody can access this register and the noticeboard 24x7 to get PPSR Certificate . Launched in Jan 2012, the PPSR replaced many state-based registers like the REVS and other vehicle registers as well as the ASIC Register of Company Charges, which combined to form one single national register. When you apply for and get PPSR Certificate for a property, it shows that somebody has registered an interest on the PPSR, has a claim on that specific personal property, and that there is a security interest in it. The reason why you should get PPSR Certificate is that you can know before buyi...