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Legal basis of daily liquidated damages of three thousandths of property

Legal analysis: According to the relevant provisions of China's Measures for the Administration of Property Service Charges, there is no detailed legal provision on the daily standard of liquidated damages in property contracts. Therefore, the daily standard of liquidated damages for property contracts is three thousandths, which can be agreed if there is no dispute between the two parties.

Legal basis: Article 7 of the Measures for the Administration of Property Service Charges states that if the property service charges are government-guided prices, the price department of the people's government with pricing power shall, jointly with the real estate administrative department, formulate the corresponding benchmark price and its floating range according to factors such as the grade standard of property management services, and publish them regularly. The specific charging standard is agreed by the owner and the property management enterprise in the property service contract according to the specified benchmark price and floating range.

The property service charges that are regulated by the market shall be agreed by the owners and the property management enterprises in the property service contract.