Payment Standard of Maintenance Fund in Changsha County in 2020

It is 5% to 8% of the cost per square meter of the local residential building installation project.

Maintenance fund refers to the maintenance fund for public parts and facilities of residential buildings. Its principal is jointly raised by the selling unit and the buyer, and the ownership belongs to the payer. Its interest is used for the maintenance and conservation of public parts and facilities of residential buildings. When the interest is insufficient, it shall be shared by the property owner.