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Disadvantages of property start-up maintenance fund to our owners
Legal basis: Article 3 of the Civil Code of People's Republic of China (PRC) refers to the main load-bearing structure of the house (including foundation, internal and external load-bearing walls, columns, beams, floors and roofs, etc.). ), outdoor walls, hallways, stairwells, corridors, etc. * * * Facilities and equipment refer to water pipes, downpipes, water tanks, booster pumps, elevators, antennas, lighting of power supply lines, boilers, heating lines, gas lines, fire-fighting facilities, green spaces, roads, street lamps, ditches, pools, wells, non-operating parking garages and public sports in residential quarters or single houses.
Article 4 Where commercial housing and public housing are sold, a maintenance fund for residential parts, facilities and equipment shall be established. The use and implementation of the maintenance fund shall be specially used for the overhaul, renewal and transformation of residential parts and facilities after the expiration of the warranty period.
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