In real estate, overhaul fund refers to the maintenance fund. When we buy a house, we need to pay the maintenance fund and deed tax, so we may not know what overhaul fund is for. In fact, overhaul fund refers to the maintenance fund for public parts and facilities of residential buildings. The principal is jointly raised by the selling unit and the purchasing unit, and the ownership belongs to the payer. Interest is used for the maintenance of public parts and facilities of residential buildings. When the interest is insufficient, it shall be shared by the property owner. The public * * * maintenance fund of the house selling unit is raised by the house selling unit and the house purchasing staff * * * and belongs to the house purchasing person, which is used for the maintenance of public * * * parts and * * * facilities and equipment after the warranty period of residential buildings expires.
So under what conditions can this overhaul fund be used? It is understood that the use of housing maintenance funds must meet the following conditions: special maintenance funds are fully collected and maintenance projects meet the scope of maintenance funds; * * * spare parts, * * facilities and equipment warranty expires; Where the maintenance, renewal and renovation of the * * * part of the house and the * * * facilities and equipment involve the owner of the building, the applicant has sought the written consent of more than two thirds of the owners in advance; Involving all owners of the property management area, it has been agreed in writing by the owners' meeting, and the exclusive part accounts for more than two-thirds of the total construction area and accounts for more than two-thirds of the total number of owners. I hope the above can help you.