In PPSR terms, a grantor is the entity whose property has been used as collateral for someone else's claim. If you finance a truck and the lender registers a PPSR security interest, you (the buyer) are the grantor; the lender is the secured party.
Two types
- Organisation grantors - identified by ACN in the future Hoist org-only contract. Hoist PPSR preview and paid search are currently unavailable.
- Individual grantors - identified by name plus date of birth. Individual searches are outside Hoist's future org-only scope (see our boundary).
Why it matters
Knowing who the grantor is on a given registration tells you which counterparty is on the hook to the secured party. A new buyer of a piece of equipment will want to confirm the seller is no longer the grantor of an active registration over that equipment.
Related terms
- Secured party - The party who holds a security interest over the grantor's property - typically a lender, finance company, supplier on retention-of-title terms, or lessor.
- PPSR - The Australian national register where security interests in personal property are recorded.
- NPII - Disambiguation: AFSA's National Personal Insolvency Index (bankruptcy register), distinct from Hoist's deprecated internal 'NPII' shorthand for org-only PPSR searches (now renamed to 'org-only').
How Hoist uses this
Hoist documents a future organisation-grantor contract, but current API and MCP calls fail closed without a price or register dispatch. Use AFSA direct for a PPSR grantor search today; Hoist does not search individual grantors.