PPSR Searching Mobilised
The Australian Personal Property Security Register (PPSR) means that third party stakeholders can register their security interests in a business or its assets.
PPSR replaces many national registers, including those for bills of sales, liens, chattel mortgage and security interests in motor vehicles (previously REVS). Whether the transaction is about a single asset, or a whole of business transaction, making sure you can obtain clear title is more critical than ever.
SecuriSearch provides a mobile search functionality which is tapped into the PPSR.
It allows both buyers and sellers to check for registered security interests before they buy a boat, car or any other vehicle to ensure they get clear title to what they pay for!
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