How to calculate the property late payment fee

Property late fees are calculated as follows:

1, calculated according to the proportion of arrears: under normal circumstances, the property management company will calculate the late payment fee according to the amount of arrears. For example, if the owner is in arrears with the property management fee of 100 yuan, the proportion of late payment fee is 1%, and the late payment fee is 1 yuan;

2. Calculate according to a fixed amount: Another common calculation method is to calculate the late payment fee according to a fixed amount. For example, it is stipulated in the contract that a late payment fee of 10 yuan will be charged for each overdue day, and the owner will pay a late payment fee of 30 yuan for one month.

The process of property late fees is generally as follows:

1. overdue notice: the property management company will remind the owner to pay the property fee in time by telephone, SMS, email, letter, etc. If the owner still fails to pay within the specified time, the property management company will issue a formal overdue notice.

2. Overdue confirmation: After receiving the overdue notice, the owner needs to confirm whether the corresponding property fee has been paid within the specified time. If the owner confirms that the payment has been made, there is no need for subsequent processing; If the owner fails to pay, it needs to enter the next process.

3. Calculation of late payment fee: If the owner fails to pay the property fee within the specified time, the property management company will calculate the corresponding late payment fee according to the contract or legal provisions. The amount of late payment is generally a proportion of the arrears or a fixed amount.

4. Notice of late payment: The property management company will notify the owner of the calculated late payment in writing and require the owner to pay the corresponding late payment within the specified time.

5. Payment of late payment fee: After receiving the late payment fee notice, the owner needs to pay the corresponding late payment fee within the specified time. If the owner fails to pay the fee on time, the property management company has the right to take further legal measures, such as suing or applying for arbitration.

Legal basis:

Article 944 of the Civil Code of People's Republic of China (PRC)

The owner shall pay the property fee to the property service provider as agreed. If the property service provider has provided services in accordance with the agreement and relevant regulations, the owner shall not refuse to pay the property fee on the grounds that he has not accepted or does not need to accept the relevant property services. If the owner fails to pay the property fee within the time limit in violation of the agreement, the property service provider may urge him to pay it within a reasonable period of time; If the payment is not made within a reasonable period, the property service provider may bring a lawsuit or apply for arbitration. The property service provider shall not stop power supply, water supply, heat supply and gas supply to demand payment of property fees.