Effect of writs of execution

(l) A writ of execution against goods shall bind the property in the goods of the execution debtor as from the time when the writ is delivered to the Registrar to be executed and, for the better manifestation of such time, it shall be the duty of the Registrar without fee, upon the receipt of any such writ, to endorse upon the back thereof the hour, day, month and year when he received it, but no such writ shall prejudice the title to 19 such goods acquired by any person in good faith and for valuable consideration, unless such person had at the time when he acquired his title notice that such writ or any other writ by virtue of which the goods of the execution debtor might be seized or attached had been delivered to and remained unexecuted in the hands of the Registrar. (2) In this section, the term “Registrar” includes any officer charged with the enforcement of a writ of execution.