Job Recruitment Website - Property management company - Is the residential property fee fine legal?

Is the residential property fee fine legal?

Legal analysis: property punishment is legal. Owners and property management companies can stipulate liquidated damages in the property management contract. If the agreement is too high or too low, the parties may request the court to increase or decrease it appropriately, generally not exceeding 30% of the actual loss. If some property companies sign an agreement with the owners and do not pay the property fees according to the regulations, they will collect the liquidated damages in the specified proportion of the property fees. This regulation is binding on both the property and the owner. After all, it is wrong to refuse to pay and postpone the payment of property fees. The most important thing is that both the property and the owner can negotiate peacefully.

Legal basis: Article 585 of the Civil Code of People's Republic of China (PRC), the parties may agree that one party shall pay a certain amount of liquidated damages to the other party according to the breach of contract, or agree on the calculation method of the amount of damages for breach of contract. If the agreed liquidated damages are lower than the losses caused, the people's court or arbitration institution may increase the liquidated damages at the request of the parties; If the agreed liquidated damages are excessively higher than the losses caused, the people's court or arbitration institution may appropriately reduce them at the request of the parties. If the parties concerned pay liquidated damages for delayed performance, the breaching party shall also perform the debt after paying the liquidated damages.