Is there a late fee for late payment of property fees?

1. Whether there is a late fee for unpaid property fees mainly depends on the property service contract between the owner and the property management unit. Strictly speaking, the late fees here are actually liquidated damages, because unpaid property fees violate the property service contract signed by both parties. If there is a late payment clause in the contract, it shall be implemented according to the contract. If there is no agreement in the contract, the property management unit shall not collect it without authorization. Default of property fees is likely to require payment of late fees (liquidated damages), the specific amount depends on the specific agreement in the property management contract, which is generally agreed to be three thousandths. Therefore, it is recommended that all owners pay the property fees in time. If they are in arrears, please pay them as soon as possible.

2. Legal basis:

3. Article 41 of the Property Management Regulations

4. The owner shall pay the property service fee according to the property service contract. If the owner and the user of the property agree that the user of the property shall pay the property service fee, the owner shall bear joint and several liability from the agreement. Property that has been completed but has not been sold or handed over to the property buyer shall be paid by the construction unit.

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