Will the property sue the owner for thousands of dollars?

How much will be prosecuted for defaulting on property fees?

Whether the owner will be prosecuted for defaulting on property fees has nothing to do with the amount of property fees owed. The property fee owed by the owner to the property management company is a civil dispute.

Therefore, even if the owner is in arrears with the property fee of 1 yuan, the property can bring a lawsuit at any time within three years of the general limitation of action in such civil cases, demanding the owner to pay the property fee and compensate for the losses.

How long can I sue in court for defaulting on property fees?

If the property knows or should know that the property fee is overdue within two years and negotiation fails, it can bring a lawsuit at any time.

In practice, the owner will not immediately file a lawsuit against the owner because of the arrears of property fees. Generally speaking, litigation will be considered after the following steps:

1. If the owner defaults on the property fee, the property will generally be urged in time after it is discovered;

2. If the owner fails to pay again within a reasonable time, the property may notify the owners' committee to assist in collection;

3. If the owner still fails to pay within a reasonable time, the property will consider charging the property fee and claim compensation through litigation.

What is the standard of liquidated damages for unpaid property fees?

There is no mandatory standard of liquidated damages for property fees in law, which is decided by both parties to the contract through consultation.

If a contract with liquidated damages and its calculation method is concluded, the liquidated damages can be handled according to the agreement.

If the punishment is too low, it can be increased as appropriate, and if it is too high, it can be reduced as appropriate.

If there is no liquidated damages for overdue payment in the contract, the property company can only ask the owner to bear the interest loss of overdue payment, and the standard is the amount calculated according to the bank loan interest rate for the same period.

To sum up, we can see that whether the property sues you or not has nothing to do with how much money you owe. It is wrong to default on property fees and should be avoided as much as possible.