Who will pay and own the public maintenance fund?

Housing maintenance funds are generally paid by the owners and owned by the owners. Before handling the real estate license, buyers need to pay the housing maintenance fund in one lump sum. The maintenance fund is temporarily deposited in the owners' committee. If there is no owners' committee, it shall be kept by the Housing Authority.

legal ground

Measures for the Administration of Residential Special Maintenance Funds Article 9 The residential special maintenance funds deposited by the owners belong to the owners. The residential special maintenance funds extracted from the public housing sales funds belong to the public housing sales units. Article 10 Before the establishment of the owners' meeting, the residential special maintenance funds deposited by commercial residential owners and non-residential owners shall be managed by the construction (real estate) department of the people's government of the municipality, city or county where the property is located.