Function and payment method of decoration deposit

The so-called decoration deposit is an effective guarantee for the injured party to prevent the illegal operation of the decoration construction team from harming the interests of others or the public. The purpose is to supervise and standardize the decoration behavior and compensate the interests of the injured party. This paper will discuss the function and payment method of decoration deposit in depth to help readers better understand this problem.

Supervise and standardize the decoration behavior

The function of decoration deposit is to supervise and standardize the decoration behavior and compensate the interests of the party who suffered losses due to decoration.

payment types/methods

Generally, the decoration deposit is paid to the property company in the community, and the property office will supervise whether the decoration will cause security risks to the building. The payment method is generally paid by the owner and the decoration company, and the specific amount depends on the area and the area to be decorated.

Payment amount

The amount of the decoration deposit varies from place to place. Some places may only need to pay a few hundred yuan, and some places may need to pay tens of thousands of yuan. Some places pay a fixed amount, no matter how big the house is decorated, you only pay the same amount of deposit; Many places are calculated according to the area to be decorated.

♀? Punitive measures

If some regulations are violated during the renovation, the property company will punish some according to the violation and deduct part of the renovation deposit.