Section 398. Certificate to include dealings pending registration

In every
  case of initial registration, the certificate of title shall include all
  dealings with the real property, and all statutory or other liens  filed
  against  the  same,  subsequent to the filing of the application, except
  when they are modified or set aside by a judgment, decree  or  order  of
  the  court.  On and after the filing with the registrar of the notice of
  application for the registration of any real  property,  and  until  the
  same  is  registered,  or  the  application  is  denied,  dismissed,  or
  discontinued, all papers which are required or permitted by this article
  to be filed against  registered  property,  except  the  papers  in  the
  action,  shall  be  filed  with  the  registrar  as if the property were
  registered.