Introduction to overhaul fund:
Overhaul fund, also known as the maintenance fund, each region has its own terms on the scope of use of the maintenance fund, but it is based on the detailed terms of the Measures for the Administration of Residential Special Maintenance Fund issued by the Ministry of Construction and the Ministry of Finance in February 2008.
When will overhaul fund hand it in?
1. The house overhaul fund belongs to all owners, and no one may misappropriate it without permission. Once found, it will be punished by warning, fine or criminal detention. There are certain conditions for applying for housing in overhaul fund: housing overhaul fund must be used for residential public parts and public facilities; Use after the warranty period expires; Get the consent of more than 2/3 owners with relevant income.
2. Entrusted by the real estate development enterprise, the real estate development enterprise shall, within 30 days from the date of receiving the overhaul fund of the house, deposit the special maintenance fund of the house into the special maintenance fund account of the house. The owner shall pay the house overhaul fund before the house is delivered. The first phase of housing special maintenance funds, the owners can be directly deposited in the housing special maintenance fund account, can also be entrusted to the real estate development enterprises to pay.
3. Under normal circumstances, the real estate management bureau will manage it. After the establishment of the owners' committee, the housing overhaul fund will be handed over to the industry committee, which will exercise the management right. According to the Measures for the Administration of Facilities and Equipment Maintenance Funds in Residential Areas issued by the Ministry of Construction and the Ministry of Finance, the public housing overhaul fund is paid by all owners and owned by all owners.
Overhaul fund payment standard:
According to Article 5 of the Measures for the Management of Facilities and Equipment Maintenance Funds in Residential Areas, when selling commercial houses, the buyer and the seller shall sign a overhaul fund payment agreement. Property buyers should pay overhaul fund to the selling unit at the rate of 2%-5.2% of the purchase price.
Overhaul fund collected by the sales unit on behalf of all owners is not included in the residential sales revenue. The collection ratio of maintenance funds shall be determined by the real estate departments of the people's governments of provinces, autonomous regions and municipalities directly under the Central Government.
(1) The purchaser shall pay 2.5% of the construction area cost of multi-storey houses and 3% of the construction area cost of high-rise houses in the first phase.
(2) The house seller shall pay the house overhaul fund in one lump sum at 3% of the cost price of multi-storey building area and 4% of the cost price of high-rise building area.
(3) For the house occupied or leased by the developer, overhaul fund shall be paid according to the construction area of the house occupied or leased in accordance with items (1) and (2) of this paragraph.
Paying the house overhaul fund is equivalent to buying a kind of insurance for the maintenance of the house facilities and equipment. Property buyers should improve the payment procedures according to the specific requirements in relevant regulations to avoid unnecessary disputes.
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