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Can the residential property charge a late fee for the property fee owed?

Generally speaking, there will be a late fee for defaulting on property fees, depending on whether there is an agreement in the property service contract signed by the property company and the owner. If there is an agreement, you have to pay a late fee. If there is no agreement, there will be no such thing. If it is necessary to pay liquidated damages for losses, there is no agreement to determine the amount of compensation according to the standard. Moreover, according to the law, if the liquidated damages exceed 30% of the loss, the breaching party may request to reduce the amount.

legal ground

In Article 585 of the Civil Code, the parties may agree that one party shall pay a certain amount of liquidated damages to the other party when it breaches the contract, and may also 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.