Searching
You can do a $2 online PPSR search to find out if personal property has a security interest against it. If it does, it may mean the property has money owing on it.
Do a quick check here
There are many types of searches you can do on the PPSR to find out if there is a security interest registered over personal property.
When you search, you’ll get a certificate you can keep as proof of whether or not a security interest was registered at that time. If you don’t do a search and buy property that has a security interest registered over it, you’re at risk of the goods being repossessed even though you’ve paid for them.
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