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Nantong New House Maintenance Fund 222 Standard

The requirements of this standard are as follows:

1. The expenses of the new house maintenance fund shall be collected by the property service enterprise and managed by the owners or owners' committee.

2. The funds of the maintenance fund shall not be used for other purposes, but must be earmarked for maintenance, renovation, renewal and maintenance of the parts, facilities and equipment used by the owner.

3. The maintenance fund is calculated according to the unit price of the construction area and the budgeted service life, and is clearly listed in the property service contract.

4. The maintenance fund should be managed and supervised in a centralized way, and a special account should be set up to store the funds, and the income and expenditure should be publicized to the owners or owners' committee regularly to ensure openness and transparency.