2006•Journal of Chongqing University. English EditionRequires access

The Compatibility of Creditor's Rights in Multiple Sales

Hongxiu Li

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Abstract

The compatibility of creditor's rights means that more than two creditor's rights can exist on the same object.The existing of the compatibility of creditor's rights is because of the existing of the obligation.In the market economy,the principle of freedom of contract stimulates the situation of the compatibility.The compatibility of creditor's rights admits multiple sales and provides the idea of solving this problem.While,it also has negative influence on the safety of business and the principle of good faith.The negative influence of the compatibility of creditor's rights could be restricted to a large extent by making full use of our existing legal system,introducing punitive damages,constructing the system of the third party infracting creditor's rights and establishing real estate advance notice registration system.

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What this paper is about

The compatibility of creditor's rights means that more than two creditor's rights can exist on the same object.The existing of the compatibility of creditor's rights is because of the existing of the obligation.In the market economy,the principle of freedom of contract stimulates the situation of the compatibility.The compatibility of creditor's rights admits multiple sales and provides the idea of solving this problem.While,it also has negative influence on the safety of business and the principle of good faith.The negative influence of the compatibility of creditor's rights could be restricted to a large extent by making full use of our existing legal system,introducing punitive damages,constructing the system of the third party infracting creditor's rights and establishing real estate advance notice registration system.

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Available abstract

The compatibility of creditor's rights means that more than two creditor's rights can exist on the same object.The existing of the compatibility of creditor's rights is because of the existing of the obligation.In the market economy,the principle of freedom of contract stimulates the situation of the compatibility.The compatibility of creditor's rights admits multiple sales and provides the idea of solving this problem.While,it also has negative influence on the safety of business and the principle of good faith.The negative influence of the compatibility of creditor's rights could be restricted to a large extent by making full use of our existing legal system,introducing punitive damages,constructing the system of the third party infracting creditor's rights and establishing real estate advance notice registration system.

Key concepts: Creditor, Compatibility (geochemistry), Business, Notice, Obligation, Punitive damages, Law and economics, Real estate

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