PERSONAL PROPERTY SECURITIES ACT
- You acknowledge that:
- By renting the Vehicle from us, you may be granting a security interest in the Vehicle (and any proceeds) to us.
- Any security interest arising under this Agreement attaches to the Vehicle when you obtain possession of the Vehicle and not at any other time.
- We may perfect our security interest by lodging a financing statement on the register.
- We do not need to give you any notice under the PPSA (including a notice of financing statement) unless the notice is required by the PPSA and that requirement cannot be excluded.
- You must do anything reasonably required by us to enable us to register our security interest, with the priority it requires, and to maintain the registration.