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Is there a late fee for defaulting on property fees?
In the case of defaulting on property fees, we are generally more worried about whether we will be sued, whether we need to pay liquidated damages or late fees, depending on the specific circumstances. Whether there is a late fee for unpaid property fees mainly depends on the property service contract between the owner and the property management unit. Strictly speaking, the late fees here are actually liquidated damages, because the unpaid property fees violate the property service contract signed by both parties. Therefore, if there is a clause about overdue payment in the contract, it should be implemented according to the contract. If there is no agreement in the contract, the property management unit shall not collect it without authorization. Therefore, defaulting on property fees is likely to pay late fees (liquidated damages). The specific amount depends on the specific agreement in the property management contract, which is generally three thousandths. Therefore, it is recommended that all owners pay the property fees in time. If they are in arrears, please pay them as soon as possible. Legal basis: Article 6 of the Measures for the Administration of Property Service Charges clearly lists the contents of property service charges, including: name of property management enterprise, charging object, service content, service standard, charging method, charging start time, charging items, charging standard, price management form, charging basis, price reporting telephone number 12358, etc.
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