What's the difference between house overhaul fund and property management fee? How much should I pay for the house 120 flat in overhaul fund?

Housing overhaul fund is also called property maintenance fund. Many people don't know that they have to pay this fee for buying a house, but they should pay attention to distinguish it from the property fee. What's the difference between housing overhaul fund and property fees? How much should I pay for the house 120 flat in overhaul fund? Come with us to get to know it!

What's the difference between housing overhaul fund and property fees?

1, the range of fees is different.

The existence of overhaul fund is mainly to reserve funds for the renovation of residential areas, which is mainly used for illegal wall demolition or road maintenance. Generally speaking, this kind of problems are old residential areas that have lived in 10 years or more, and the annual utilization rate of overhaul fund in China is less than 1%. The difference is that as long as there are daily problems in the community, property fees can be used to maintain the property, so the property fees are wider and more frequent. In contrast, overhaul fund is more like "old-age insurance" for houses.

2. The use process of expenses is different.

When the community needs to use overhaul fund, it needs to declare first. After obtaining the consent of two-thirds of the owners, it can only be extracted and used after relevant examination and approval. However, overhaul fund is only used for the renovation and maintenance of houses, and cannot be applied for or misappropriated at will. The property fee is paid directly by the owner to the property company. After the problem is confirmed by the property registration, the property has the right to use the property fee to maintain the community.

3. The attribution of expenses is different.

Overhaul fund is a one-time fee that must be paid by the community owner before the house is handed over. Overhaul fund's ownership belongs to the owners, and is kept by the owners' committee or the Housing Authority where the community is located. It can only be used after all owners vote. The property fee is paid by the owner to the property management company after the delivery of the house, and it is a reward for the daily maintenance and repair of the residential building, greening, sanitation, public security and other projects.

How much should overhaul fund pay for the house 120 flat?

According to the regulations, the owner of the house must pay the special maintenance fund of the house to the supervision account of the designated bank, namely overhaul fund. The amount in overhaul fund is 5% to 8% of the cost per square meter of local residential construction and installation projects. In addition to the overhaul fund paid by the owner, the developer also needs to draw the corresponding funds from all the sales funds according to the standard that the sales price of multi-storey houses is not less than 20% and the sales price of high-rise houses is not less than 30%, and pay them in one lump sum in the name of the special housing maintenance fund.

Therefore, the following formula can be obtained: overhaul fund = cost per square meter * construction area * overhaul fund proportion. Based on this calculation, overhaul fund accounts for about 2% of the total housing price. Assuming that the total price of a flat 120 is1200,000, then overhaul fund is around 24,000. Due to the different housing prices in different regions, a flat house of 120 needs to pay a different amount of overhaul fund.

What's the difference between housing overhaul fund and property fees? How much should I pay for the house 120 flat in overhaul fund? The above is the relevant content we introduced, which can be used as a reference.