PPSA - PPR 'Lien' Registrations

Centro Legal Works Inc. provides electronic search and registration services across Canada under the Personal Property Securities Act. Register a financing statement, amendment or discharge to maintain security interests in the personal property of a debtor and establish priority over other individuals. Documents can be prepared in minutes with drafts delivered right to your desktop for final approval prior to registration.

PPSA - Personal Property Securities Act
PPR - Personal Property Registry

About PPSA PPSA Registration, Amendments and Discharges Registration Terms and Conditions PPSA Pricing

Click here for information on PPSA/Lien Searches.

About PPSA (Ontario)

The PPSR system is a notice filing system that records and reproduces information concerning consumer and business loans where goods and other personal property are used as collateral to secure loans.

Registering a personal property security interest requires the registration of a security agreement or what we refer to as a 'financing statement'. This registration perfects the security interest in the creditor giving them priority right to the security interest in the personal property, which is some form of collateral. If the creditor fails to register as required by the act, a purchaser may obtain title to the goods or another creditor may obtain security interest in the goods. For more specific details on The Ontario PPSA Act - Click here

Notice:  As of August 1, 2007 Clients can no longer manually file PPSA and RSLA registrations or request searches over the counter or by mail. Registrations and searches must now be completed electronically.

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PPSA Registrations - Financing Statement

Centro Legal Works can complete electronic PPSA registrations in just a few simple steps. A draft copy of all financing statements are provided to clients prior to registration, ensuring both accuracy of the data and that all required fields are provided. Once reviewed and a signed off, the registration is submitted for real-time processing and a verification (Form 3C) statement is provided in minutes! Notice to Readers: Registration services are restricted to Legal and business professionals only. To register a PPSA Financing Statement 1. Download and complete the requisition form   Download PPSA Requisition - PDF Version*   Download PPSA Requisition - MS Word Version 2. Fax or email to our office 3. Review the draft, sign and send back to our office for processing 4. PPSA is registered and a Verification Form 3C will be provided for confirmation of filing. For Amendments or Discharges please call or email our office. Registration services available across Canada. Online registration forms will be available soon! *Note about PDF form: if you don't have a full version you will not be able to save the form once completed. It can be faxed or scanned and emailed to our office for processing. The following information must be provided: Term (length) of registration in Number of Years Individual or business debtor name with complete address Date of Birth if individual debtor(s) Secured Name and complete address General Collateral Classification General Collateral Description (if applicable) Motor Vehicle details (if applicable) Registering Agent details

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PPSA Registration Terms and Conditions

A PPSA Financing statement, amendment, or discharge will be prepared for approval by the client based on details provided from the client. The client assumes full responsibility, acknowledges and is aware of the terms of the related General Security Agreement, contracts, or other related documents thereto. The client also acknowledges and is aware of the implications of registering a PPSA financing statement, amendment, or discharge, as applicable. Under no circumstances does Centro Legal Works Inc. ("Centro") provide advice on the particulars of the registration, amendment or discharge, as applicable, and therefore Centro is not responsible or liable to any person or entity whatsoever for any loss, damage, or claim.

PPSA Registration Pricing

PPSA Service	Centro Fees	System/ Access Fees	Gov. Fees	Total
Ontario Registration 1 yr.	$25.00	$5.00	$8.00	$39.80
Ont. Registration 2 yr.	$25.00	$5.00	$16.00	$47.80
Ont. Registration 3 yr.	$25.00	$5.00	$24.00	$55.80
Ont. Registration 4 yr.	$25.00	$5.00	$32.00	$63.80
Ont. Registration 5 yr.	$25.00	$5.00	$40.00	$71.80
Ont. Registration > 5 yr.	$25.00	$5.00	add $8 per year	varies
Ontario Amendment	$25.00	$2.50	$12.00	$41.15
Ontario Full Discharge	$25.00	$0.00	$0.00	$26.50
Provincial Registrations Amendments, Discharges etc.	$30.00	varies	varies	varies

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