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Does the property reminder have legal effect?
Dunning letter is a tool for dunning, and it is a notice used by the payer or individual when the payment is overdue. As an effective dunning method, dunning letter has the following functions: 1, dunning. Collection is the most important function of payment letter. In order to recover the money in time and support the flow and turnover of funds, the dunning party usually takes the dunning letter as a dunning measure to remind the defaulting party to return the arrears and avoid or reduce unnecessary losses. 2. Query function. Using the dunning letter can make the dunner know the information of the defaulting party in time and understand the reasons for breach of contract. 3. The role of vouchers. Once the defaulting party's arrears cause losses to the dunning party, it is necessary to safeguard the rights and interests through legal channels. The dunning letter can be used as a record to prove the creditor's collection behavior and become an important evidence to investigate the legal responsibility of the defaulting party.
Legal objectivity:
Article 514th of the Civil Code of People's Republic of China (PRC) * * * Unless otherwise provided by law or agreed by the parties, the creditor may require the debtor to perform the debt in the legal tender of the actual place of performance.
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