How secure is your security?
If you have a security interest registered on the Personal Property Securities Register (PPSR), it is important to monitor your registration to ensure that it does not lapse.
According to the Australian Financial Security Authority (AFSA), the most common registration period for a security interest is seven years. The 30th January was the 7-year anniversary of the inception of the PPSR, which means that we will start to see some of these seven year registrations begin to expire.
If you have registered a security interest on the PPSR, it is a good idea to request a “Registrations Due to Expire Report” and check the status of your registrations, or you could risk your registration lapsing and losing your security. This free report can be accessed from the PPSR website.
Our individual clients who are buying residential property, our property developers dealing in multi-unit projects, our corporate clients transferring commercial and retail property and rural landowners can be assured there is a carefully designed process, handled by experienced lawyers who will deliver your transaction on time.
Our practice area includes:
- Commercial, retail, industrial and residential transactions
- Conveyancing – buying and selling ACT and NSW residential properties
- Easements, rights of way and covenants, restrictions of use
- Rural land leases
- Under leases
- Option for lease
- Leases for resource extraction
- On rural land
- Access agreements resource extraction
- Subdivisions and provisions, development and town planning advice
- – section 88B instruments (creation of restrictive and positive covenants on land)
- Title issues, including Native Title
- Planning and environmental law matters
- Financing, trusts and tax issues
- Advice on ‘Buying off the Plan’
- Legal advice on Solar and Wind farm development
- Buying and selling of real estate in the ACT and NSW
- Local Government Law
- Retirement Villages
- Sale and purchase of rural development land and farms
- Stamp Duty
- Strata Titles, Community Titles, Old System Title and Unit Titles
- Concessional leases
- Resumptions and Compulsory Acquisitions
- Independent guarantee advice and certificates