What the commercial housing maintenance fund invoice looks like:

Housing maintenance funds include special funds for housing public facilities and housing maintenance funds. The special fund for housing public facilities, referred to as the special fund, is used for projects such as the renewal and renovation of the most used parts of the property, public facilities and equipment, and may not be misappropriated for other purposes. The special fund implements the principle of "money goes with the house". When the house is transferred, the remaining funds in the account will also be transferred to the new property owner of the house.

China's housing maintenance fee system began in 1998. In 2004, the housing maintenance fee evolved into a fee that must be paid when applying for a property ownership certificate. The payment standard has also changed from the initial "payment based on 2%-3% of the purchase price" to "payment based on 5%-8% of the cost per square meter of residential construction and installation projects" in 2008. According to the provisions of the "Management Measures for Special Residential Maintenance Funds" revised in 2007, the public maintenance fund is exclusively used for the maintenance of public facilities in the community and belongs to all owners. However, before the owners' committee is established, the funds are generally managed by the real estate administrative authority.

The name of the House Maintenance Fund has changed several times over the years. In 1998, it was called the House Maintenance Fund, and later changed to the Commercial Housing Public Maintenance Fund. In 2007, according to the then joint decision of the Ministry of Construction and the Ministry of Finance Order No. 165 was issued, ultimately providing special funds for residential repairs.