The housing maintenance fund can be used for the maintenance cost of the main structure of the house or public facilities and equipment after the warranty period expires. All fees must be approved by the owner, and the specific owner will be determined according to the voting rights. The standard cost sharing ratio must be earmarked by overhaul fund.
What does overhaul fund mean?
Refers to the * * * fund for the maintenance of major buildings, equipment and facilities in residential areas. This is part of the money that every owner who buys a new house has to pay, according to his own family's situation. The maintenance fund here is generally handed over to the designated housing management department, and the fund belongs to all owners. No individual or unit is allowed to extract it at will. If the community public facilities and equipment are obsolete and need to be replaced and maintained, then overhaul fund is needed. When it needs to be extracted, it must be approved by more than two-thirds of the owners and approved by the housing management department before it can be extracted for residential maintenance.
Does overhaul fund have to hand it in?
You have to pay. When you buy a new house, you have to pay it, which is usually collected by the Ministry of Finance and the Ministry of Construction. As the main building maintenance of the community, when the occupancy rate of the community reaches 80%, the industry Committee will be established, then the maintenance fund will also be handed over to the industry Committee for management. Maintenance funds are generally charged according to the housing area. The bigger the house area, the more fees. Overhaul fund and property fees have nothing to do with this. Some communities collect on behalf of the property. When you hand it over to overhaul fund, you must ask for an invoice. No individual or unit is allowed to extract overhaul fund at will, and can only use it after applying for use.