How to pay the construction bank overhaul fund?

The use of overhaul fund should be discussed and approved by more than two-thirds of the owners, and then apply to the local real estate bureau for expenses, and report to the competent construction department of the government for the record. The property maintenance fund will be transferred to the maintenance unit by the special account management bank.

Legal objectivity:

Measures for the administration of residential special maintenance funds

Article 12

Commercial housing owners should deposit the first phase of residential special maintenance funds into the special account for residential special maintenance funds before handling the house occupancy procedures.

The owner of the sold public housing shall deposit the first special maintenance fund of public housing into the special maintenance fund account of public housing or hand it over to the selling unit for deposit into the special maintenance fund account of public housing before going through the housing check-in formalities.

Units selling public housing houses shall deposit the extracted special maintenance funds for public housing houses into the special account of special maintenance funds for public housing houses within 30 days from the date of receiving the payment for selling houses.

Measures for the administration of residential special maintenance funds

Article 13

Failing to deposit the first residential special maintenance fund in accordance with the provisions of these measures, the development and construction unit or the public housing sale unit shall not deliver the house to the purchaser.