The neighborhood Committee will use the maintenance fund for the actual maintenance of the house.

After approval, the original selling unit will transfer money to the bank with the approval documents and related materials according to the opinions of the neighborhood Committee, and directly transfer it to the designated account of the neighborhood Committee, and the neighborhood Committee will use the maintenance fund for the actual maintenance of the house.

Housing maintenance fund actually includes housing public facilities special fund and housing maintenance fund. The special fund for housing public facilities is referred to as the special fund, which is used for projects such as the renovation of common parts of property and public facilities and equipment, and shall not be used for other purposes. Special funds to implement the principle of "money with the house". When the house is transferred, the remaining funds in the account are also transferred to the new owner of the house. According to the measures for the management of facilities and equipment maintenance fund of Residential Part * * * * * jointly issued by the Ministry of Construction and the Ministry of Finance 1998, the housing maintenance fund is paid by all owners and owned by all owners. Under normal circumstances, it is managed by the real estate administrative department. After the establishment of the owners' committee, the housing maintenance fund shall be handed over to the owners' committee, which shall exercise the management right.