Posts

Showing posts from January, 2023

What Is A PPSR Report and Why Should You Get One

Image
A PPSR (Personal Property Security Registration) report provides all critical information about security interests in personal property. These are mainly related to obligations and debts on the property by the holder. PPSR is the official register maintained by the Government of Australia and was launched on 30 th Jan 2012. If you are looking for data and some info about a specific property, the easiest way is to  get ppsr certificate When the system was introduced, its goal was to replace a few existing systems such as the state-based registers like the REVS and other vehicle registers as well as the ASIC Register of Company Charges, and others and bring them all into one centralized database. This database or register is called the PPSR. The point now is why should you  get ppsr certificate .   It is because from it you will know if anybody has a security interest in a specific property before you buy or lend money against it. Once you know from the report that a person or finan

Buying a second hand car? Read this before making a purchase decision

Image
Are you in the market for buying a pre-owned car, van or caravan? It’s time to get a PPSR vin check report before you spend your hard earned money for purchase. By getting a VIN check on your vehicle of consideration, you can avoid nasty surprises such as cheap quality repairs, mechanical faults, financial liabilities or the inability to register your purchased vehicle.  For the uninitiated, PPSR stands for Personal Property Security Register, which allows citizens (including consumers and businesses) of Australia to protect their security interests. With a simple PPSR vin check buyers can easily ensure that a pre-owned vehicle is clean and without any shady history. Further, running a simple PPSR search inquiry will also warn potential owners about a pre-owned vehicle being stolen or written off. PPSR is a federal owned and government managed database which maintains records of personal property and determines if a vehicle (car, van, boat or minivan) has any security interest