Personal Property Securities
Property & Conveyancing
Newcastle's Leading Advisors On Personal Property Assets
At Burgess Thomson, we are Newcastle’s leading advisors on managing and protecting personal property assets for both businesses and individuals.
Understanding and navigating the Personal Property Securities Register (PPSR) can be complex, but with our experienced legal team, you can secure your personal property effectively and mitigate financial risks.
How Burgess Thomson Can Help with Personal Property Securities
Comprehensive PPSR Services
PPSR Registration: Our team assists clients in registering interests on the PPSR efficiently. Whether you are extending credit, supplying goods, or looking to secure a loan with personal property as collateral, registering your interest is crucial. We guide you through the process, ensuring that your security interests are properly recorded and enforceable.
PPSR Searches: Before entering into agreements or purchasing new assets, conducting a PPSR search is essential to determine if there are existing registered interests against the property. Our team performs thorough searches to provide clear insights into the financial history of the asset or individual, safeguarding your transactions from potential legal complications.
Advice and Dispute Resolution: Burgess Thomson provides expert advice on all aspects of personal property securities law. Our expertise extends to advising on the implications of the Personal Property Securities Act (PPSA) and representing clients in disputes related to the PPSR. Whether it’s a contention over the priority of interests or challenges in enforcement, we are equipped to handle complex legal issues.
Strategic Risk Management
Navigating the PPSR requires strategic thinking to manage financial risks effectively. Our legal advice is tailored to help clients understand how best to utilise the PPSR to protect their property rights while extending credit or engaging in business transactions that involve personal property assets.
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Why Choose Burgess Thomson for Advice on Personal Property Securities?
Unmatched Expertise
Burgess Thomson has a proven track record in dealing with personal property securities. Our lawyers are well-versed in the nuances of the PPSA and PPSR, ensuring that you receive informed, accurate, and strategic legal advice.
Proactive Legal Solutions
We don’t just respond to issues; we anticipate them. Our approach is to provide proactive solutions that prevent future disputes and strengthen your financial security. From initial registrations to handling complex disputes, our team is proactive in every step of the process.
Client-Centric Approach
At Burgess Thomson, every client is a priority. We listen to your specific needs and tailor our services to offer the most beneficial outcomes. Our commitment to client satisfaction means we are dedicated to protecting your interests and ensuring your peace of mind.
Local Knowledge, National Standards
While we are deeply rooted in Newcastle, our services meet national standards. This blend of local understanding and comprehensive legal expertise means that you get the best of both worlds — personalised service with top-tier legal acumen.
Secure your personal property and navigate the complexities of the PPSR with confidence. Partner with Burgess Thomson, Newcastle’s trusted legal advisors, and ensure your assets are protected under the law.
Contact us or request a quote to discuss how we can assist with your personal property securities needs and help you manage your financial risks effectively.
FAQ's
When registering with the PPSR there is no minimum value of an interest or property item. Anything of value to the individual or business can be registered with the PPSR.
When registering on the PPSR a fee does apply. This can vary depending on each individual circumstance. Our team can assist in the entire process to ensure you are paying only what is necessary and are not incurring any additional fees.
Personal property is property other than land and may include cars, boats, aircraft, furniture and intellectual property.
An example of when competing interests in personal property may arise is when someone owes a debt to multiple lenders and both lenders which to claim an asset of the debtors to recover the debt. If there are two or more competing interests, an interest in registered on the PPSR will take priority over an unregistered one when multiple interests have been registered on the PPSR.
