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 buying or lending money against the personal property whether anybody has registered a security interest over it. PPSR Certificates are very popular in Australia and millions apply for them every year.

The Registrar of Personal Properties Securities has the responsibility to manage the PPSR and ensure that not only is all information readily available but also can be depended on. The Registrar has the discretion to decide what can be registered on the PPSR and when the PPSR would be available. However, these powers can be delegated to others if the Registrar so wishes. The routine work of the PPSR is supported by the AFSA Service Center.

When you get PPSR Certificate you can be sure that all the information is reliable.    

Location: Australia

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