Job Recruitment Website - Property management - Can the property charge a late fee?

Can the property charge a late fee?

1. Can the property collect late fees?

1, the property can't collect late fees. The property may require payment of liquidated damages in accordance with the contract. Late payment refers to the phenomenon that those who fail to pay taxes according to the tax payment deadline or repay the loan according to the repayment deadline are charged a late payment fee according to a certain proportion of the amount, which is a very effective measure for tax authorities or creditors to give economic sanctions to overdue parties.

2. Legal basis: Article 577 of the Civil Code of People's Republic of China (PRC).

If one party fails to perform the contractual obligations or fails to meet the contractual obligations, it shall be liable for breach of contract, such as continuing to perform, taking remedial measures or compensating for losses.

Article 578

If one of the parties expressly expresses or shows by his own behavior that he will not perform the contractual obligations, the other party may require him to bear the liability for breach of contract before the expiration of the performance period.

2. Is there a late fee for late payment of property fees?

There is generally no late fee for defaulting on property fees. At present, China's property management regulations do not clearly stipulate whether the property has the right to collect late fees, which needs to be determined according to the terms in the property service contract signed by the owner and the property company. In the existing judicial precedents, some courts support property management to collect late fees according to the contract, and those who do not support it can claim liquidated damages.