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What is the Personal Property Registry (PPR)?
The Personal Property Registry, together with the Land Titles Offices, form the Property Registration Branch of the Alberta Government’s Municipal Affairs / Registries Department. The Registry provides registration and a search system for interests in personal property. It is created under Part 4 of the Personal Property Security Act.
Why Register An Interest?
Certain interests in personal property must be registered in the Personal Property Registry (P.P.R.) to avoid possible loss or subordination of the interest to another person. This would give that other person a better legal right to the property. Registration also enables a person to discover the existence of your interest to prevent unnecessary legal conflicts.
Note: It is very important to keep in mind that registration in the Personal Property Registry does not guarantee priority over all other interests. It is, however, a necessary step to protect yourself.
What Can You Register?
The interests that can be registered are:
What Are Examples of Collateral or Personal Property Interests that Can Be Registered?
1. Serial Numbered Collateral:
2. General Collateral:
The Alberta Government Services web pages contain excellent information about requirements and further details for Personal Property Registry.
Here are some helpful quick tips from Sherwood Park Registries:
Main page – http://www.servicealberta.gov.ab.ca/
Your dedicated team at Sherwood Park Registries can access the Alberta Personal Property Registry Electronic System (APPRES) to help you with all your property needs: