A creditor who obtains any kind of cautionary notice on his behalf, except for those entered when the notation requested has been refused according to the provisions of this subtitle and those for interim financing, shall have preference over those who have contracted loans against the same debtor after said notation was made only with regard to the annotated property. Notations of interim financing and those of refusal shall be fully effective on the presentation date of the document that produced them.\nHistory —Mortgage Law, 1979, § 117.
Puerto Rico Legal Code