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How much does it cost to buy a shop maintenance fund?
Legal basis: Notice of the State Council on Further Deepening the Reform of Urban Housing System and Accelerating Housing Construction.
Article 4 After the sale of commercial housing and public housing, a maintenance fund for residential parts and facilities (hereinafter referred to as the maintenance fund) shall be established. The maintenance fund shall be used in accordance with the Financial Management Regulations of Property Management Enterprises (OrderNo. 987th of the Ministry of Finance) to be used exclusively for the overhaul, renewal and transformation of residential parts and facilities after the warranty period expires.
Article 5 When a commercial house is sold, the buyer and the seller shall sign the relevant maintenance fund payment agreement. Property buyers should pay the maintenance fund to the selling unit according to the proportion of 2%-3% of the purchase price. The maintenance fund collected by the selling unit belongs to all owners and is not included in the residential sales income. The collection ratio of maintenance funds shall be determined by the real estate administrative departments of the people's governments of provinces, autonomous regions and municipalities directly under the Central Government.
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