Personal Property SecuritiesFED

This legal guide provides the explanation and tools practitioners need to navigate personal property security registration and matters relating to the PPSA Act.

This guide provides the explanation and tools practitioners need to navigate the Personal Property Securities Register (PPSR) system, readily document loans using personal property as security and also advise and assist clients seeking to discharge or vary security interests.

The helpful suite of precedents includes various forms of loan agreement creating security interests, from single assets to complex business undertakings, together with our comprehensive Retainer Instructions, advice certificates, company resolutions, discharges, and all other documents the practitioner is likely to need when performing this type of work.

The detailed and practical commentary, which has been written by lawyers with significant experience of personal property securities, provides a clear and comprehensive explanation of the PPSR regime and assistance with using the register in loan and asset sale transactions.

Precedents in this publication include:

• Certificate of independent financial advice;
• Acknowledgement of legal advice by proposed guarantor;
• Minutes of meeting of grantor resolving to sign general security agreement;
• Equipment hire agreement;
• Security agreement – Company extensive all assets;
• Security agreement – Concise;
• Terms of trade;
• Consent to same solicitor giving legal advice – Grantor guarantor;
• Consignment agreement.