What does a real estate fund mean?

Property fund is the abbreviation of property maintenance fund. Property maintenance funds, like property fees, are required to be paid by every owner. Property fund is a special fund for public equipment overhaul.

Property fund is the property maintenance fund, which refers to the overhaul and renewal reserve fund, which is specially used for the overhaul, renewal and transformation of the parts and facilities of the property after the expiration of the service period. The public part refers to the main load-bearing structure of the building (including foundation, internal and external load-bearing walls, columns, beams, floors, roofs, etc.). ), outdoor walls, hallways, stairwells, corridors, etc. Public facilities and equipment refers to the houses used by water pipes, water tanks, pressurizers, elevators, antennas, power supply lines, public lighting, fire-fighting facilities, green spaces, roads, ditches, pools, wells, non-operating parking garages, public cultural and sports facilities and facilities and equipment within the property management area.

In nature, the property maintenance fund belongs to a special fund set up for a specific purpose, that is, a fund dedicated to large-scale maintenance and conservation of the parts used by the property, which is turned to raising and independent accounting for the purpose of maintaining and increasing the value, and its property rights belong to all owners. Some people call it "housing for the elderly".

Maintenance fund must be paid. According to the Measures for the Administration of Facilities and Equipment Maintenance Fund in Residential Areas jointly issued by the Ministry of Finance and the Ministry of Construction, the public housing maintenance fund is paid by all owners, owned by all owners and managed by the real estate administrative department. After the establishment of the owners' committee, it shall be handed over to the industry committee for safekeeping.

What is the difference between housing maintenance fund and property fee?

1. The attribution of expenses is different.

The public * * * maintenance fund of the house is paid by the owner in one lump sum before the formal move-in, and there is no need to pay after the move-in. This fee is kept by the established owners' committee or the housing authority where the community is located, but the ownership of the use belongs to the owners. It can only be used when the warranty period of the house expires or the house in the community is overhauled. Two-thirds of the owner's consent is required before construction can start.

Property fees are paid monthly or quarterly after the owners move into the community. The ownership of this money belongs to the property management company, and the owner cannot default on the property management fee for any reason. If the property fee is unreasonable, or the service of the property company is inconsistent with the signing of the contract, the owners' committee may hold a meeting to decide whether the property company will stay or not.

2. The use process of expenses is different.

The ownership of the public maintenance fund belongs to the equity owner, so if you want to use this fund, you must obtain the consent of the owner. The specific process is to apply to the owners' committee, and then notify all owners. With the consent of two-thirds of the owners, the allocated funds can only be used after approval.

Property management fee is the daily maintenance and management fee of the community. If the public part of the community is minor repairs, the property management company can directly use this fee to carry out maintenance on the community.

3. Scope of use.

Public maintenance funds are generally used for large-scale maintenance such as roof waterproofing, elevator overhaul and external wall, and are not allowed for daily maintenance. Generally, houses with qualified quality are almost 15 ~ 20 years old.

Property fees are generally used for cleaning and sanitation costs, greening maintenance costs, order maintenance costs, daily operation and maintenance costs of facilities and equipment used by the property, etc. , and belongs to the daily maintenance costs.