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Instalments and current bills

Viru Maakohus · First instance

Apartment association bills, payments and debtsDebt claimsInstalments and payment schedulesLate-payment interest and consequences of delay

Instalments and current bills

Court order · Viru Maakohus · First instance

KÜ Rakvere 89 Narva · 80145528

Entry into force has not been reverified

Participants and roles: claimant and creditor — KÜ Rakvere 89 Narva; defendant XX — acknowledged the debt and schedule

How it started · editorial summary

XX agreed on instalments and a late-payment interest condition.

The dispute and the court’s decision

KÜ Rakvere 89 Narva (now — Narva linn, Rakvere tn 89 korteriühistu). The court approved a settlement between KÜ Rakvere 89 Narva and XX on acknowledged debt and terminated proceedings. Monthly instalments over six months and separate timely payment of current bills were agreed. Late payment of principal attracts late-payment interest of 0.07% per day on the unpaid portion. The association’s costs are reimbursed separately by the agreed deadline. The court found the settlement lawful and enforceable. Each party bears other costs; no further costs were separately awarded. The appeal period was reduced to three days after service. Subsequent performance is not established.

Outcome of this decision

Settlement approved and proceedings terminated; current bills and costs are payable separately.

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