Housing maintenance funds include special funds for housing public facilities and housing maintenance funds. The special fund for public facilities is used for the renovation of the * * * part of the property and public facilities, which is earmarked for special purposes and shall not be misappropriated at will. Special fund is special. When the house is sold or transferred, the balance of the account will be transferred to the new owner's name.
The amount of housing maintenance fund can be inquired online or to the local management department. The housing maintenance fund is shared by all owners of the community, so there should be special account management, and the owners' committee can supervise the use.
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