How will the company compensate for the late arrears of residential property fees?

If the property fee is in arrears, the property company will not be able to enjoy the corresponding property services. If the dunning procedure is not fulfilled through negotiation, a decision can be made to sue the owner, ask him to pay the property fee, and bear the overdue fine and liquidated damages for the property fee in arrears.

legal ground

Article 41 of the Regulations on Property Management

The owner shall pay the property service fee in accordance with the provisions of the property service contract. If the owner and the user of the property agree that the user of the property shall pay the property service fee, the owner shall bear joint and several liability from the agreement. Property that has been completed but has not been sold or handed over to the property buyer shall be paid by the construction unit.

Article 65

In violation of the property service contract, the owners fail to pay the property service fee within the time limit, and the owners' committee shall urge them to pay it within a time limit; If it fails to pay within the time limit, the realty service enterprise may bring a lawsuit to the people's court.