What is overhaul fund?

Overhaul fund refers to the special property maintenance fund (commonly known as overhaul fund), which refers to the fund that residential property owners pay a certain standard of money to a special account for the maintenance of public parts and facilities in the property area and authorize the owners' committee to manage and use it in a unified way.

Overhaul fund scope and time:

1. Maintenance of public facilities after the warranty period.

2. Maintenance of public equipment after the warranty period.

Overhaul fund usage method:

1. The property service enterprise puts forward the use scheme.

2. Approved by the owners' committee.

3, publicity, if there is no objection, to the next step.

4. Apply to the maintenance fund management unit.

5, the property service enterprise organization specific implementation.

Overhaul fund is jointly raised by property owners, who enjoy the ownership of overhaul fund in proportion to their capital contribution, but the right to use it belongs to all owners, and individual owners are not allowed to withdraw their own overhaul fund part from the bank. Overhaul fund is combined with specific houses, which will exist with the existence of houses, will be lost with the existence of houses, and will not change with the changes of specific owners. When the house property right changes and becomes a new owner, overhaul fund should be renamed from the old owner to the new owner.