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Showing posts from August, 2022
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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...

A Detailed Guide to PPSR Search

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The official register of a security interest in personal property is known as the PPSR (Personal Property Security Registration) system. The register is maintained by the Government of Australia. Interests related to a PPSR search are primarily in the areas of debts and other obligations. An example is personal property being under lien to a financial institution because of debts outstanding against it. This online noticeboard is available to people round the clock and anybody can access it for a PPSR search. To establish your claim and inform everybody that you have a security interest over certain personal property, you should register it on the PPSR.   Launched on 30 th Jan 2012, this register came as a substitute for the then prevailing similar registers in different states. Some of the registers that were replaced are the REVS and other vehicle registers, the ASIC Register of Company Charges, and others. All these entities were combined to form a single register that wa...

Why is it Necessary to do a VIN Caravan Check

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VIN is short for Vehicle Identification Number and is mandatorily assigned to all caravans manufactured after 1992. This number is embossed on the corners of all windows in caravans as well as on the entry door post. The VIN consists of 17 alphabet and numerical characters. Each of them denotes a specific attribute related to the caravan such as body type, engine number, type, vehicle color, year of manufacture, vehicle make and model, and compliance plate details. The serial number of the caravan is the last six numerical of VIN. When you carry out a VIN caravan check , all these details are instantly available and you can know if the used caravan you are investing in is genuine and not a stolen and modified one. If the caravan is indeed a stolen one, a VIN search will immediately alert you as the VIN caravan check report will show the stolen date, engine and number plate theft information, and jurisdiction reference by date. Apart from the stolen angle, a VIN caravan check will...

The Importance of Checking Bike History Report

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VIN or Vehicle Identification Number is like a fingerprint, it is exclusive to the bike that you want to buy and will help you get an accurate picture through a bike history report . Such a report will show various aspects of the bike including the location of the manufacturer, brand, engine size, and the type of vehicle. By verifying the report against the bike that you intend to buy, you will at once know if the vehicle is authentic and not a stolen one. The VIN is a mix of alpha and numerical and consists of 17 characters. The last six numerical is the serial number of the bike. When you check a bike history report before investing in a used vehicle, you will get such critical details as detailed particulars of warranty, recalls, theft, claims, insurance coverage, registrations, and whether there is any financial lien on the bike. Each of these parameters is vital and helps you to avoid making a bad investment. The one aspect that you should focus on in a bike history report ...