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Volume 1, Draft Civil Code - Digital exhibitions & collections - McGill ...

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584 PUBLICATION OF RIGHTS<br />

effected after the property is seized or, in the case of an<br />

immoveable, after the notice of seizure is published, has no<br />

effect when the seizure is followed by judicial expropriation,<br />

provided, in the case of an immoveable, that a notice of seizure<br />

has been published.<br />

85 Publication of an instrument creating a debt preserves<br />

for the creditor, in the same rank as for the principal, the<br />

interest due for the current year and for the two previous years.<br />

86 Publication of an instrument creating an annuity preserves<br />

a preference for the arrears due for the current year and<br />

for the two previous years.<br />

87 A creditor has a hypothec for the surplus arrears of<br />

interest or annuities only from the date of publication of a<br />

notice, in accordance with Article 380 of the Book on<br />

Property, stating the amount of arrears claimed.<br />

Nevertheless, the interest due at the time of the first<br />

publication, the amount of which is stated there, is preserved<br />

by that publication.<br />

Section II<br />

Opposability and rank of rights<br />

88 Rights, whether published or not, have effect between<br />

the parties, subject to express provision of law.<br />

89 Rights subject to the formality of publication may be set<br />

up against third parties only from the time of their<br />

publication.<br />

90 Rights rank according to the date of their publication;<br />

if two documents respecting the same immoveable are published<br />

on the same day, preference is accorded to the earliest<br />

document, the whole subject to the provisions of this <strong>Code</strong><br />

governing publication of hypothecs.

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