Collateral class

Used to describe the personal property that is being used to secure payment or performance of an obligation.

The PPSR separates collateral classes under four broad categories:

• Tangible property
  • Motor vehicles
  • Watercraft
  • Aircraft
  • Agriculture
  • Other goods
• General property
  • All present and after acquired property – no exceptions
  • All present and after acquired property – with exceptions
• Intangible property
  • Account
  • General intangible
  • Intellectual property
• Financial property
  • Chattel paper
  • Currency
  • Document of title
  • Intermediated security
  • Investment instrument
  • Negotiable instrument

Each registration must only relate to a single collateral class. Please see the Collateral class page for more information.