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In NB, what should I know about lien checks (PPSA) for car loans?
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Car Loan Glossary • nb

In NB, what should I know about lien checks (PPSA) for car loans?

In New Brunswick, conducting a Personal Property Security Act (PPSA) lien check is an absolutely critical step when considering a car purchase, particularly from a private seller. The PPSA system, a standard across Canadian provinces, registers security interests (liens) that lenders hold against personal property, including vehicles. Failing to search the provincial PPSA registry using the vehicle's VIN before finalizing a purchase means you risk acquiring a vehicle with an outstanding debt attached to it. If a lien exists, the lender has a legal right to repossess the vehicle to satisfy the previous owner's unpaid loan, even if you've paid for it in full and in good faith. In the current 2025 market, where financial diligence is paramount, this check protects you from significant financial loss, potential legal complications, and ensures clear title to your new vehicle. Always verify the vehicle's history through the official NB PPSA registry to safeguard your investment.

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