Job Recruitment Website - Property management company - Can the property company apply for maintenance fund after the contract expires?

Can the property company apply for maintenance fund after the contract expires?

Not in this case.

Property maintenance fund refers to the fund that the owners pay a certain amount of money to a special account for the maintenance of public parts and facilities and equipment in the property area, and authorize the owners' committee to manage and use it in a unified way. After the property company's contract expires, the property company no longer enjoys the rights related to property services, so it cannot apply for maintenance funds.

However, if the property company's contract expires and the community still needs maintenance or renovation, the owners' committee or the new property company may apply for using the maintenance fund. In this case, it is necessary to pass the resolution of the owners' meeting or the owners' committee, and apply and approve in accordance with relevant procedures.