A-A. Tiimanni tn 2: two-year instalments for debt and costs approved

The association and debtor submitted an agreement acknowledging debt and providing a payment schedule.

Viru Maakohus approved a settlement between Narva linn, A-A. Tiimanni tn 2 korteriühistu and debtor XX and terminated proceedings. The debtor acknowledged debt for building maintenance and other payments, plus a 25 euro fee, 300 euros in legal assistance and 3 euros for collecting evidence. The parties agreed monthly payments over two years. The association may seek late-payment interest of 0,02% per day on unpaid debt from the agreed date. This term is separate from the consequence of breach of schedule: if the agreement is breached, the association may demand immediate payment of all remaining debt. The court found the agreement admissible. Each participant bears other court costs. The association was awarded a 25 euro fee refund from the budget. The parties waived appeals against the ruling. The act explains recourse to a bailiff on non-performance. It does not confirm actual payments or refund of the fee.

Approve two-year monthly instalments for debt and costs: a 25 euro fee, 300 euros in legal assistance and 3 euros for evidence collection. Provide late-payment interest of 0,02% per day on unpaid debt from the agreed date and a right to demand immediate payment of the balance on breach of schedule. Terminate proceedings; leave other costs to participants. Refund the association a 25 euro fee.