What is the "credit system" property service model?

The "credit-based" property service mode means that the owners pay property fees to a pool owned by the owners on a monthly or regular basis by voting at the owners' meeting, and the public income of the community is also collected into this pool, so the special * * * pool is called the owners' * * fund.

The fund is used for the maintenance and management of residential buildings, supporting facilities, equipment and related sites, and to maintain the environmental sanitation and related order in residential areas. Owners' fund is the property of all owners. The owner establishes the funds owned by the owner as trust property, which is managed by the trust, and the service provider accrues a fixed fee.

It is worth mentioning that after the implementation of the "credit system" property service model in the community, the property fee will not increase unless all owners are willing to raise the property fee standard. Without the consent of the owner, the annual budget and the use of funds shall not be in deficit, otherwise the deficit shall be borne by the property enterprise.

A: The implementation of the "credit system" requires the opening of a community-specific account in a bank, which has an inquiry password. All owners can access the account with a password, and can query all bank receipts and payments of this account anytime and anywhere. The expenditure of this account is managed by a double password. Without the owner's consent, neither party can withdraw any money from this account, ensuring openness, transparency and fund safety.