What is Access Now?
Access Now provides internet-based access to the personal property security registration system in Ontario. The personal property security registration system is a public database and notice-filing system maintained under the Personal Property Security Act (PPSA) and Repair and Storage Liens Act (RLSA).
The personal property security registration system provides information about collateral subject to a secured transaction. Individual consumers and commercial customers can search the database to determine whether an item of personal property has been used to secure a loan or is subject to a lien.
Creditors who secure payment of a debt by taking a security interest in the personal property of their debtor can register a financing statement under the Personal Property Security Act (PPSA).
Persons who repair or store articles and who, before receiving full payment give up possession of that article, may register a claim for lien under the Repair and Storage Liens Act (RLSA).
Registering in the system pursuant to these Acts helps to establish priorities between individuals with competing interests in the same personal property, and in the case of a claim for lien, will also ensure that the non-possessory lien is enforceable against third parties.