Job Recruitment Website - Property management - Can the housing maintenance fund be withdrawn?

Can the housing maintenance fund be withdrawn?

Generally speaking, individuals can't be extracted, and properties can be extracted to repair residential buildings.

Establishing maintenance fund is the guarantee mechanism to improve the maintenance of the use parts of the house. Owners of residential properties, non-residential properties in residential quarters or non-residential properties connected with single houses shall pay special maintenance funds in accordance with state regulations. It is collected by the developer and supervised by the housing management department. The ownership belongs to the purchaser and shall not be used for other purposes.