Does defaulting on property fees affect credit reporting?

Of course, it is the heir of the master! If he has the right of inheritance, he is obliged to bear the unpaid property management fee. Don't default on property fees. Now the default of property fees has been classified as dishonesty, which is included in the personal credit information system and affects personal loans and so on.

Legal basis:

property management regulations

Article 2 The term "property management" as mentioned in these Regulations refers to the activities that the owners employ property management enterprises, and the owners and the property management enterprises carry out maintenance, conservation and management of the houses, supporting facilities and related sites in accordance with the property service contract, so as to maintain the environmental sanitation and order in the relevant areas.

Article 3 The State encourages owners to choose property management enterprises through an open, fair and just market competition mechanism.

Article 4 The State encourages the adoption of new technologies and methods in property management, and relies on scientific and technological progress to improve the management and service level.