Put your mind at ease before making a purchase, large or small, with a simple check to make sure that what you are buying is legally available for purchase.
The Personal Property Securities Register (PPSR) is a national register administered by the New Zealand Government that allows the public to check if any finance is owing against a tangible asset (other than land).
Here are some examples of when the PPSR can be useful;
- Buying a second-hand vehicle
- When a Debtor offers collateral as security
- Trade agreements that include a retention of title (Romalpa) clause
Here at CollectIT, we have access to the Register and can complete a PPSR check on your behalf.
If you would like us to do this for you, we would be more than happy to assist.
Please make sure you have as much detail as possible to allow us to do a thorough investigation.
Contact us and we can get this underway.