Ningbo New Deal! The Measures for the Administration of Property Warranty Funds have been clarified and will be implemented on June 10.

Recently, Ningbo Housing and Construction Bureau issued the Notice of Ningbo Municipal People's Government on Printing and Distributing the Measures for the Administration of Residential Property Warranty Funds in Ningbo. It is reported that the notice is applicable to the deposit, use, refund, management and related supervision activities of warranty funds within the administrative area of this Municipality, and these Measures shall come into force on June 65438+ 10/day, 2022. Let's watch together ↓

Note: Warranty money

The warranty money mentioned here refers to the funds deposited by the construction unit to the district (county, city) housing and urban and rural construction authorities where the property is located in accordance with the regulations, as a guarantee for the maintenance cost of residential property quality during the warranty period.

Source: Ningbo release