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Does overhaul fund's late delivery matter?
Overhaul fund is also a maintenance fund, and the influence of overhaul fund's late delivery;

1. The maintenance fund was delayed, and the buyers could not close the house on time.

2. The maintenance fund is delayed, and it is impossible to apply for the real estate license. Under normal circumstances, the owner is required to pay the deed tax and maintenance fund to the housing management department with the contract, purchase bill, ID card, household registration book and proof of marital status within 90 days after the house is closed.

3. If the maintenance fund is delayed for some reason, the time for handling the real estate license will be delayed accordingly. And later developers will not help the owners to deal with it, which will be more troublesome.

Generally speaking, the owner needs to pay the maintenance fund before handing over the house. If you don't pay the maintenance fund on time, you will be unable to apply for the real estate license, and you need to pay a certain late fee.

The housing maintenance fund is mainly used for the maintenance and conservation of public parts, facilities and equipment in the community, and is supervised by the community property and owners' committee. If it is to be used, it must be approved by two-thirds of the owners.

Housing maintenance fund actually includes housing public facilities special fund and housing maintenance fund. The special fund for housing public facilities is referred to as the special fund, which is used for projects such as the renovation of common parts of property and public facilities and equipment, and shall not be used for other purposes. Special funds to implement the principle of "money with the house". When the house is transferred, the remaining funds in the account are also transferred to the new owner of the house.

China's housing maintenance fund system began in 1998. In 2004, the housing maintenance fund evolved into a fee that must be paid for housing property certificates. Its payment standard has also changed from the initial "2%-3% of the purchase price" to "5%-8% of the cost per square meter of residential construction and installation projects" in 2008. According to the newly revised Measures for the Administration of Special Maintenance Funds for Residential Buildings in 2007, public maintenance funds are earmarked for the maintenance of public facilities in residential quarters and are owned by all owners. But before the establishment of the owners' committee, the funds were generally managed by the real estate administrative department.