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Võidu prospekt 6: instalments with conditional suspension of late-payment interest

Viru Maakohus · First instance

Apartment association bills, payments and debtsDebt claimsLate-payment interest and consequences of delayInstalments and payment schedules

Võidu prospekt 6: instalments with conditional suspension of late-payment interest

Ruling · Viru Maakohus · First instance

Narva linn, Võidu prospekt 6 korteriühistu · 80170791

Entry into force has not been reverified

Participants and roles: Applicant — Narva linn, Võidu prospekt 6 korteriühistu; Interested person — XX

How it started · editorial summary

The agreement makes late-payment interest relief conditional on following the debt schedule and regulates costs separately.

The dispute and the court’s decision

Narva linn, Võidu prospekt 6 korteriühistu sought management cost debt from XX. The participants reached a settlement, which Viru Maakohus approved, terminating proceedings. The debtor acknowledged principal and accrued late-payment interest. Payment is provided over 17 months in monthly instalments. XX must also pay current association invoices within their stated deadlines. If the schedule is performed properly and on time, the association suspends late-payment interest on principal from the agreed date. On breach, the debtor loses that concession and late-payment interest on principal resumes from the same date. The agreement therefore grants conditional relief, rather than an unconditional waiver of all late-payment interest. XX must also pay the association 45 euros in court costs within three months of settlement approval. Delay in paying that particular sum carries late-payment interest of 0,2% per day on the unpaid balance. Each party bears other costs. The association was awarded a 25 euro refund, half the proper fee, and a separate 150 euro overpayment refund. The ruling does not confirm actual performance.

Outcome of this decision

Approve the agreement and terminate the case. Debt and accrued late-payment interest are paid monthly over 17 months; current invoices are paid separately. Compliance suspends late-payment interest on principal from the agreed date; breach restarts it from that same date. Pay a further 45 euros in costs within three months, with late-payment interest of 0,2% per day if those costs are late. Refund the association a 25 euro fee and a 150 euro overpayment.
Translation of an anonymised, abridged excerpt from Estonian
II. Terminate the proceedings in civil case 2-19-108315 following approval of the settlement.