What is the PPSR?
The PPSR refers to the Personal Property Securities Register (PPSR), the single, national register where details of Australian security interests in personal property can be registered and searched.
The PPSR functions as an online noticeboard on which individuals and businesses can:
- Register a notice to show rights over or interests in personal property; and
- Conduct a PPSR Check to see if someone has registered an interest over personal property that you wish to buy or lease.
Examples of personal property that can be registered on the PPSR are:
- Motor vehicles, boats or aircraft
- Crops, cattle and other livestock
- Stock in trade, artworks and equipment
- Other goods, new or second-hand, whether owned by businesses or individuals
- Intangible property, such as patents, copyright, commercial (not government-issued) licences, debts and bank accounts
- Financial property such as shares, cash or cheques.