Through the general analysis of the obligatory right of being paid off during the court s auction of ships, this article proposes the ranges of the very obligatory right which is in accordance with the related Chinese law, making the vague idea of the question clear.

We can research problems about priority of compensation,legal character,exercise the rights,prepayment for construction,concurrent with consumers’ rights by analyzing the theory and law.

The article holds that priority right should be priority of compensation and that another part,which is to be called Methods for Protecting Citizens’Rights and Interests,be added to the Civil Law as the last part,to include priority right,other guarantee systems of paying off debt,registration system,and the like.

The article attempts to demonstrate that the system in which loaners have priority to gain compensation is more reasonable and practicable than the “Rule of warehousing” from the eye of the right of civil,economical action,law-economics,comparative law.

The article will use the analytical methods of costbeneficial results in laweconomics to demonstrate that the system in which loaners can exercise the subrogation right and have priority to gain compensation is more efficient and more propitious to realize the equilibrium of equity and efficiency than the one in which loaners ca.

On the effective application of the priority of claim and the protection of the legitimate rights of architectural enterprises

The priority of claim on the price of construction is provided in Contract Law of Peoples Republic of China.