There is a single, national online noticeboard (the register) that shows you whether someone is claiming an interest against goods or assets.
You can also make a registration, so others know when you have retained an interest in goods you are supplying. This means that if your customer doesn’t pay,or goes broke, you are in the best position to get your goods, or their value, back.
Examples of personal property
The register is now the national register of security interests in personal property.
Personal property is a legal term for any property that is not land, buildings or fixtures. Examples are:
motor vehicles, boats or aircraft
crops, cattle and other livestock
stock in trade, artworks and equipment
other goods, new or second-hand, whether owned by businesses or individuals
intangible property, such as patents, copyright, commercial (not government-issued) licences, debts and bank accounts
financial property such as shares, cash or cheques.