How to calculate the liquidated damages for property fees?

If there is a penalty clause in the contract, it shall be implemented according to the contract. If there is no agreement in the contract, the property management unit may demand to pay the bank loan interest for the same period, but shall not charge fees at will. From a practical point of view, how much liquidated damages should be paid for defaulting on property fees depends on the specific agreement in the property management contract, but it is generally agreed to be three thousandths. If it is higher than the standard of liquidated damages prescribed by law, it may be required to reduce it appropriately.