What can you register at PPR?
The interests that can be registered are:
- Security interests under the Personal Property Security Act (PPSA). (These are interests that secure payment or performance of an obligation. This also includes leases for a term of more than one year, transfers of accounts or chattel paper and consignments.)
- The interest of a buyer of goods, where the goods are left in the possession of the seller, (Sale of Goods Act s.27(1.1) and Factors Act s.8(2) )
- The interest of an execution creditor under a Writ of Enforcement
- The interest of a spouse entitled to possession of household goods or a mobile home under Matrimonial Property Act and Maintenance Enforcement Act
- A garageman’s lien under the Garagemen’s Lien Act
- A workers’ Compensation Board charge under the Workers’ Compensation Act, and
- A railway mortgage deed registration under the Railway Act.
What are examples of collateral or personal property interests that can be registered?
1. Serial Numbered Collateral:
- AC Aircraft – Canada ( Aircraft Registered in Canada)
- AF Aircraft – Foreign ( Aircraft not Registered in Canada)
- BO Boat
- MH Mobile Home
- MV Motor Vehicle
- OM Outboard Motor for Boat
- TR Trailer
2. General Collateral:
- i.e.: Office or Non-Office Equipment (i.e., computers, printers, machines, alarms, etc.), supplies
- furnishings and other non-serial numbered collateral or personal property.
The Alberta Government Services web pages contain excellent information about requirements and further details for Personal Property Registry.
Here are some helpful links:
Main Page – http://www.servicealberta.gov.ab.ca/