The maintenance fund is used up and needs to be replenished. The relevant residential management regulations stipulate that if the balance of the housing maintenance fund is lower than 30% of the total amount collected in the first phase, the community owners' committee shall repay the community maintenance fund. If there is no owners' committee, it shall be implemented by the housing management department or the financial department to urge the owners to pay the maintenance fund.

Which department should the maintenance fund be handed over to?

The owners' maintenance fund is given to the Housing Authority. At the beginning, the developer collects the maintenance funds, and the developer only helps the Housing Authority to keep the expenses, and then the expenses will be uniformly handed over to the Housing Authority.

Under normal circumstances, the developer will open an account and then let the owner put the maintenance fund into the account, which is also more convenient. The maintenance fund must be deposited according to law. If it is misappropriated privately in the later period, the owner can take the Housing Authority to court and use the law to safeguard the owner's rights and interests. Of course, in reality, maintenance funds may be abused, and owners need to know how to protect their rights.

When can the housing maintenance fund be used?

1. When the warranty period of public facilities, public parts and other equipment in residential areas expires and it needs to be repaired again, the house maintenance fund can be used, and the owners need more voting rights to ensure the standard of cost sharing ratio.

2, the housing maintenance fund in the unused process, in an idle state, can be used to buy government bonds or the provisions of the fund range. In addition, no one may misappropriate the housing maintenance fund, otherwise they will be punished accordingly.

3, in some special circumstances, it is also possible to use the housing maintenance fund:

(1) The property management company may borrow one month's daily maintenance fee from the house maintenance fund, unless otherwise agreed in the property management contract.

(2) If the residential house needs to be overhauled or updated, the advance payment agreed in the contract can be withdrawn, but the total amount should be kept below 30%.

(3) With the consent of the community owners' committee, a month's reserve fund can be reserved in the property management account, unless otherwise decided by the owners' meeting.

As for whether the maintenance fund can be paid and when the housing maintenance fund can be used, I will introduce it here first. You got it? Maintenance fund must be paid, which is the reserve fund for residents' later living experience.