What you need to know!
Service Ontario has advised of a delay affecting all certified PPSA searches and verifications in Ontario. Effective October 24, 2016 certified PPSA searches and verification statements will only be available for pick up after 4 p.m. on the next business day. Clients receiving PPSA certified reports via Canada Post may also experience a delay due to the later availability of the report.
Service Ontario anticipates that this will be a temporary measure, though no timeline has been provided.
In light of the above mentioned delays, we would like to remind you that Cyberbahn offers a PPSA VERO service which provides electronic access to long PPSA searches overnight. While the VERO (Verbal Electronic Report Overnight) report is uncertified, it is provided in electronic format regardless of the number of pages or registrations. These reports are processed overnight and are available electronically on the next business morning. For more information on how to order a PPSA VERO through our Due Diligence service, please contact us by email or call 1-800-267-0183.
Quick Tip: If you wish to obtain a PPSA ‘Verbal’ report in real-time and have concerns about the length of the report, please use the ‘Update from Date Of’ field in order to narrow down the time frame for the search, thus reducing the report size and allowing you to receive it in real-time.
At Cyberbahn we understand the pressures around closing dates, and will keep you notified with respect to any further updates on this situation.
Contact us to stay up to date>