1967. Registration gives effect to real rights and establishes their order of priority according to the provisions contained in this Book.
1968. All real rights subject to be registered take effect from the moment of their registration against creditors whose rights have been registered subsequently or not at all. If however a delay be allowed for the registration of a title and it be registered within such delay, such title takes effect against subsequent creditors who have obtained priority of registration.
1969. The following rights are exempt from the formality of registration:
1. The privileges mentioned in paragraphs 1, 5, 8 and 9 of article 1903.
2. Hypothecs in favour of the Crown.
1970. The notice received or knowledge acquired of an unregistered right belonging to a third party and subject to registration, cannot prejudice the rights of a subsequent purchaser for valuable consideration whose title is duly registered, except when such title is derived from a bankrupt of a person notoriously insolvent.
1971. Want of registration may be pleaded against minors, interdicted persons and married women.
1972. Registration may be demanded by minors, interdicted persons, or married women, themselves, or by any person in their behalf.
1973. When 2 or more persons receive deeds of conveyance of a property from the same grantor he or she who first registers his or her deed has the preference.
1974. The registration of a title conferring real rights in or upon the immovable property of a person, if such registration take place within 30 days of the bankruptcy of such person or at a time when such person is notoriously insolvent, is without effect except in the case in which the delay given for the registration of such title, as mentioned in the following Chapter, has not yet expired.
1975. The same rule applies to the registration effected after the seizure of an immovable, when such seizure is followed by judicial expropriation.
1976. Registration avails in favour of all parties whose rights are mentioned in the registered document.
1977. Privileged claims not registered take effect, as regards other unregistered claims, according to their rank or their date, and are preferred to simple chirographic claims; saving the exceptions contained in articles 1974 and 1975.
1978. Registration does not interrupt prescription.
1979. Other provisions concerning registration, both as regards real rights and movable property and rights, are contained in other Books of this Code.