Obligees entitled to receive a distribution or payment from the proceeds of the sale are the following:
売却代金の配当等を受けるべき債権者は、次に掲げる者とする。
an attaching obligee (limited one that has filed a petition for a compulsory auction or an auction to enforce a general statutory lien by the deadline for a distribution demand);
差押債権者（配当要求の終期までに強制競売又は一般の先取特権の実行としての競売の申立てをした差押債権者に限る。）
obligees that have filed a distribution demand by the deadline to demand distribution;
配当要求の終期までに配当要求をした債権者
the obligee in any provisional seizure that is registered before registration of the seizure (meaning the seizure resulting from the first order commencing compulsory auction proceedings; the same applies in the following item); and
差押え（最初の強制競売の開始決定に係る差押えをいう。次号において同じ。）の登記前に登記された仮差押えの債権者
obligees holding any statutory lien (excluding general statutory liens held by the obligees stated in item (i) or item (ii)), pledge or mortgage which is registered (including provisional registration based on the provisional disposition prescribed in Article 53, paragraph (2) of the Civil Preservation Act) before registration of the order of the seizure and are extinguishable through the sale (including the holder of mortgage instruments connected to that mortgage).
If the right of the obligee stated in item (iv) of the preceding paragraph has been registered after registration of a provisional seizure, that obligee may receive distribution or payment only when the obligee effecting a provisional seizure has been defeated in the suit on the merits or the provisional seizure has ceased to be effective.
If proceedings for a compulsory auction involving a seizure have been stayed and a judicial decision to continue the proceedings has been issued under Article 47, paragraph (6), and if the attaching obligee subject to the stay is defeated in a suit or other dispute connected with that stay, obligees holding any right prescribed in paragraph (1), item (iv) which is registered after registration of the seizure and before registration of a seizure connected with the judicial decision of continuation may receive distribution or payment.
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