Instalments and waiver of accrued interest

Owner XX and the association agreed on instalments after the debt claim was contested.

Narva linn, Kangelaste prospekt 49 korteriühistu claimed management-charge arrears and interest from owner XX. Following an objection, the payment-order case was transferred and the claim amended. The court approved the participants’ settlement and terminated proceedings without deciding the original dispute on its merits. XX undertook to pay the debt and 750 euros of the association’s costs in twelve monthly instalments. The association waived accrued interest. Current bills must be paid separately on time. Delay in at least two instalments, or another breach of the instalment condition, allows immediate recovery of the balance and interest at 0.02%; the text specifies no period for that rate. Proper performance leaves no association claim for the period covered by the settlement. Other costs remain with the participants; the appeal period was reduced to one day after service.

Settlement on instalments and costs approved with a waiver of accrued interest; proceedings terminated.