There are fundamentally two things you can do in PPRS: register and search.
Registering is adding a record to the PPR. Searching is querying the PPR in order to identify and read records contained within the PPR.
Example search scenarios:
- Learn if a car or boat has an outstanding (unpaid) debt owing before you buy it. This search is available to everyone via the Lien Check Service.
- Learn if a person or business has already offered assets as collateral before you agree to lend them money or offer them credit.
- Confirm that a registration (such as for a loan or other financial arrangement) registered against you or your company has been discharged.
Example registration scenarios:
- Register a security interest (such as for a loan or other financial arrangement) in order to protect the priority of your interest over other secured and unsecured creditors.
- Register a judgment or writ of execution as received from a court decision. (Note: This scenario is not applicable for Newfoundland and Labrador and Prince Edward Island where judgments are registered in the Judgment Enforcement Registry and the Provincial Court Houses, respectively.)
- Amend a registration in order to reveal a change in the debtors, secured parties, or collateral involved.
- Renew a registration in order to extend its effective life span.
- Discharge a registration after the obligations have been fulfilled (such as a loan having been fully paid off).
For more detailed descriptions of registering, searching and administrative and support functions, see the PPRS Functions page.