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What is the difference between the new residential property warranty fund and the residential special maintenance fund?
Property warranty fund refers to a policy formulated during the warranty period to protect the owners' rights and restrict the real estate company from fulfilling its warranty obligations. If the property company fails to fulfill its warranty obligations during the warranty period, the owner can apply for the use of the property warranty fund through the relevant competent department. After the expiration of the warranty period, the property warranty fund shall be returned to the development unit according to the relevant policies.
Housing special maintenance funds, dedicated to the property after the expiration of the warranty period, * * *, * * premises parts of the facilities and equipment maintenance.
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