PPSA Key Terms
The Personal Property Securities Act (“PPSA”) can be very confusing for lawyers and even more so for the lay person.
The PPSA is designed to allow personal property (not real estate but goods and chattels and certain rights) to be used as security for a financial transaction.
We’ve prepared this simple plain-English guide to help explain some of the key terms in the PPSA.
This refresher should get you back into the mindset to tackle the PPSA – and remember – start your renewal process well before January 2019!
Download resource: PPSA-Key-Terms-2-1