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Should Shanghai pay late fees for housing maintenance funds for affordable housing?
Shanghai affordable housing late fees to pay housing maintenance fund late fees. According to relevant public information, in Shanghai, the owners who purchase affordable housing need to pay the housing maintenance fund according to the regulations, and if they fail to pay on time, they need to pay the corresponding late fees. According to the relevant provisions of the Measures for the Administration of Affordable Housing in Shanghai, the owners need to pay the housing maintenance fund to the property management company every year. If they fail to pay it within the time limit, they need to pay a late fee of 0.5% of the overdue amount on a daily basis.