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Who will bear the house maintenance fund?
Legal analysis: after the warranty period expires, the maintenance funds can only be used when the public parts, facilities and equipment of the property are repaired or updated. The specific owners shall share the cost proportion according to the determination standard of voting rights. When the maintenance funds are idle, it is forbidden to use them for other purposes except purchasing government bonds or risk-free financial management. The maintenance fund is used for the large and medium-sized repair, renewal and transformation of * * * old parts and * * * old equipment and facilities after the property warranty period expires. Therefore, buyers are generally not required to pay compensation.
Legal basis: Article 13 of the Measures for the Management of Maintenance Funds for Facilities and Equipment in Residential Areas stipulates that when the owner transfers the ownership of the house, the remaining maintenance funds will not be returned and will be transferred with the ownership of the house.
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