Interim Measures for the Administration of Special Funds for Property Maintenance in Residential Areas of Zhejiang Province

Article 1 In order to strengthen the management of special funds for property maintenance, standardize the use of special funds for property maintenance and safeguard the legitimate rights and interests of owners of residential quarters, these Interim Measures are formulated in accordance with the relevant provisions of the Measures for the Administration of Residential Properties in Zhejiang Province (No.1 13) issued by the People's Government of Zhejiang Province. Article 2 Special funds for property maintenance (maintenance funds for common facilities and equipment in public parts of houses, the same below) shall follow the principle of full storage, ownership by owners and rational use. Implement a unified payment, earmarking, democratic financial management and supervision management system. Article 3 The term "public parts of houses" as mentioned in these Interim Measures refers to the main load-bearing structural parts of houses, outdoor walls, hallways, staircases and corridors.

The equipment and facilities mentioned in these Interim Measures refer to the upper (lower) water pipes, downpipes, water tanks, booster pumps, elevators, power supply lines, corridor lighting, fire-fighting facilities, green spaces, roads, street lamps, ditches, pools, wells, non-operating parking garages, etc. in residential areas or single houses. The water supply pipeline is limited between the total water meter of each building and the sub-water meter of each household, and the power supply line is limited between the total water meter of each building and the sub-water meter of each household, except one meter for each household, telecommunication lines, pipeline gas and cable TV lines. Fourth special funds for property maintenance should be used for the maintenance and renewal of public parts, equipment and public facilities in residential areas after the expiration of the warranty period. Fifth special funds for property maintenance shall be collected from the buyer by the residential development and construction unit, and shall not be included in the residential sales income. The development and construction unit shall pay the local property department in advance within 0/5 days from the date when the quality of the single housing project in the residential area is completed and accepted. Sixth commercial residential property maintenance special funds in accordance with the local comprehensive average construction and installation project cost of 3-5% of the proportion of payment. The proportion of special funds for property maintenance such as high-rise buildings and villas can be increased to 6%. The specific proportion is determined by the people's governments of cities and counties in the province.

When public housing is sold, the shared parts and equipment maintenance funds collected are also included in the management scope of special funds for property maintenance. Specific management and use measures shall be jointly formulated by the municipal and county finance, price and real estate management departments, and shall be implemented after being approved by the local people's government. Seventh special funds for property maintenance shall be managed by the local property administrative department with the owners' committee as the management unit and each building as the accounting unit, and a detailed account shall be set up. Special funds for property maintenance shall be owned by all owners of the owners' committee, and shall not be divided into individuals or groups in residential areas, including individuals and small groups who have moved out of residential areas, and shall not be used for other purposes. Eighth special funds for property maintenance by the property administrative department in the name of the owners' committee deposited in the local bank account, special management. Special funds for property maintenance shall begin to bear interest according to regulations within 5 working days from the date of receipt (prepayment). The net interest income of maintenance funds is transferred to the rolling use and management of maintenance funds.

Special funds for property maintenance must be earmarked, and the value-added amount shall not be lower than the annual fixed deposit interest rate stipulated by the People's Bank of China for the same period. It is strictly forbidden to use it for other purposes except depositing it in the bank and purchasing government bonds.

For residential areas where the owners' committee has not been established, the special funds for property maintenance shall be set up by the local property administrative department for special account escrow. Ninth property departments should strengthen the management of special funds for property maintenance and improve the transparency of management. At the beginning of each year, the amount that can be used in this year will be disclosed to the owners' committee, and the unused amount in the previous year will be announced in the form of annual accumulation, and at the same time, it will be summarized and reported to the superior property authorities for the record. Article 10 The owners' committee or property management enterprise shall, according to the annual plan for the maintenance of public facilities and equipment in residential areas, put forward a plan for the use of special funds for property management and maintenance, and after the approval of the owners' meeting, apply to the local property authorities for use.

Each residential area can apply for the use of special funds for property maintenance twice a year. Eleventh whoever meets the conditions stipulated in Article 4 of the Interim Measures shall be examined and approved by the property administrative department within 7 working days after accepting the application for use, and the funds shall be allocated within 3 working days. Do not meet or partially do not meet the requirements of article fourth, the property administrative department shall inform the applicant in writing within 3 working days after accepting the application for use. Twelfth for daily maintenance, the annual use limit is determined according to the value-added part of the special fund for property maintenance, that is, the annual available amount disclosed by the property administrative department at the beginning of the year.

If the planned cost exceeds 25% of the present value of the maintenance and renewal above the medium repair, the principal of the special fund for property maintenance can be used.

When the special funds for property maintenance are insufficient, the owners may continue to raise funds from the owners according to the proportion of residential construction area occupied by the owners upon the decision of the owners' congress or owners' congress. Thirteenth property management companies to change, use the property special maintenance fund account after the owners' committee to review and correct, it should go through the account transfer procedures. Registered permanent residence's relocation procedures shall be sent to the local property authorities and the owners' committee for filing within 15 days from the date of signature and seal by both parties. Fourteenth when the owner transfers the ownership of the house, the balance of the special maintenance fund of the property will not be returned, and it will be transferred with the ownership of the house. Article 15 Where houses are lost due to house demolition or other reasons, the escrow unit of special funds for property maintenance shall return the book balance of funds to the owners according to the proportion paid by the owners themselves.