Measures for the administration of housing maintenance funds

1. What is the Housing Maintenance Fund and how to use it?

Housing maintenance fund is earmarked for the maintenance, renewal and transformation of equipment and public facilities in the same place in the property management area after the expiration of the property warranty period, and shall not be used for other purposes. According to the regulations, the owner can't apply. Only with the consent of the owners' management committee and the approval of the owners' real estate administrative department (in some places, it may be other departments or institutions) can the maintenance fund be used for audit. After the audit procedure is completed, the maintenance fund will be withdrawn from the designated bank with the audit procedure.

When selling commercial housing, the purchaser and the selling unit shall sign the relevant maintenance fund payment agreement, and the purchaser shall pay the maintenance fund to the selling unit according to the proportion of 2%-3% of the purchase price. The maintenance fund collected by the selling unit belongs to all owners and is not included in the residential sales income. At the same time meet the following three conditions to use the housing maintenance fund:

(a) the housing maintenance fund must be used for residential public parts and public facilities and equipment;

(2) used after the warranty period;

(3) Obtaining the consent of more than two-thirds of the relevant income owners.

After meeting these three conditions, property buyers can apply to the housing management center. In addition to property buyers or owners' committees, the housing management center will also give approval as appropriate.

Second, how to deal with the housing transfer residential maintenance fund?

Housing maintenance fund actually includes housing public facilities special fund and housing maintenance fund. The special fund for housing public facilities is referred to as the special fund, which is used for projects such as the renovation of common parts of property and public facilities and equipment, and shall not be used for other purposes. Special funds to implement the principle of "money with the house". When the house is transferred, the remaining funds in the account are also transferred to the new owner of the house.

3. What are the relevant legal provisions of the housing maintenance fund?

According to the Measures for the Administration of Maintenance Funds for Facilities and Equipment in Residential Buildings issued by the Ministry of Construction and the Ministry of Finance, the public maintenance funds are paid by all owners and owned by all owners. Under normal circumstances, it will be managed by the real estate administrative department. After the establishment of the owners' committee, the public maintenance fund will be handed over to the industry committee, which will exercise the management right.