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How to calculate the late payment fee for unpaid property fees?
Property management late fee refers to the use of the facilities owned by the property company for advertising, housing rental and other activities, which must be approved in writing by the industry Committee, and all the proceeds belong to the owners.
This issue is related to the vital interests of the housing family, and it is written into the contract to be clear and protected.
Property late fee standard:
How to collect late fees varies from place to place.
Property management fees and late fees (actually called liquidated damages) are calculated according to the stipulations in the property service contract signed by you and the property management company. How much property management fees you should pay, and the liquidated damages caused by default of property management fees are stipulated in this contract. If the property service contract signed at the beginning did not stipulate the way to deal with the arrears of property management fees, then you only need to make up the unpaid property management fees, and the property management company can not charge liquidated damages.
To sum up, property management companies and owners have their own obligations. After the owner defaults on the property fee, he shall calculate the payable property late fee according to the calculation method of property late fee.
Legal basis:
civil law
Article 577
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.
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