Job Recruitment Website - Property management - Is the property reserve paid every year?
Is the property reserve paid every year?
Yes, you must pay the property accumulation fund, because the property accumulation fund is equivalent to the housing maintenance fund. Failing to deposit the first residential special maintenance fund in accordance with the provisions of these measures, the development and construction unit or the public housing sale unit shall not deliver the house to the purchaser. After the warranty period expires, the maintenance fund can only be used when the public parts, facilities and equipment of the property are repaired and updated. The specific owners shall share the cost proportion according to the determination standard of voting rights.
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