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Will being sued for defaulting on property fees affect personal credit reporting?

Yes

What are the consequences of being sued for defaulting on property fees?

1. What are the consequences of being sued for defaulting on property fees? According to the "Regulations on Property Management", the owner shall pay the property service fee according to the agreement in the property service contract. Violation of the property service contract, overdue payment or refusal to pay the property service fee without justifiable reasons, the owners' committee has the right to urge them to pay within a time limit; If it fails to pay within the time limit, the property management enterprise may bring a lawsuit to the people's court.

2. In this regard, Article 6 of the Interpretation of the Supreme People's Court on Several Issues Concerning the Specific Application of Law in the Trial of Property Service Disputes further stipulates that if the owner refuses to pay the property fee without justifiable reasons or fails to pay the property fee within a reasonable period after written reminders, the people's court shall support it. Property service enterprises have provided services in accordance with the contract and relevant regulations, and the people's court will not support the owners' defense on the grounds that they do not enjoy or need to accept relevant property services. Therefore, if the owner refuses to pay the property fee without justifiable reasons, he will bear the liability for breach of contract to the property management enterprise and bear all the adverse consequences caused by losing the case.

Is there a late fee for defaulting on property fees?

1. Is there a late fee for defaulting on property fees? The late fee for property fees refers to the amount that the owner needs to pay to the property company because of the default of property fees. Whether or not to charge late fees for property fees depends on the stipulations of the property service contract. If the contract contains the clause of surcharge for late payment, the property company can collect the late payment fee according to the proportion agreed in the contract. The specific levy amount is different according to the requirements of each property company, and it is necessary to refer to the signed property service contract.

2. For new houses, in the early stage of property management, the property service company will formulate a temporary management statute for temporary management, and the standard of liquidated damages in the statute is often high. It is suggested that after the owners move in, before signing the property service contract, it is best for all owners to discuss and decide the agreed process of the late payment fee for property fees in advance, and then sign the property service contract after reaching an agreement with the property service company through consultation.

3. For second-hand houses, if the owners find unreasonable property regulations such as property fees and late payment fees in their daily lives, they can report the situation to the owners' committee, and after reaching an agreement, they can propose to their property service companies to change the corresponding terms.