Appendix F - Thoughts on Collections & Recovery

PPSA Registrations

Notice in land registry office

54. (1) A notice of security interest, in the required form, may be registered in the proper land registry office, where,

(a) the collateral is or includes fixtures or goods that may become fixtures or crops, or minerals or hydrocarbons to be extracted, or timber to be cut; or

(b) the security interest is a security interest in a right to payment under a lease, mortgage or charge of real property to which this Act applies. R.S.O. 1990,c.P.10,s.54(1);1998,c.18,Sched.E,S.198(1).

 
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