Will there be a late fee for not paying the property fee?

Yes If the owner fails to pay the property management fee on time within one month, the property management company may charge a late fee of 3% (as stipulated in Article 67 of the Property Management Regulations). Property costs include the daily operation and maintenance costs of the parts, facilities and equipment used by the property. Cleaning and sanitation expenses in the property management area and greening and maintenance expenses in the property management area.