The payment time of maintenance funds stipulates that commercial housing owners should deposit the first phase of residential special maintenance funds into the special account of residential special maintenance funds before handling the house check-in procedures.
The owner of the sold public housing shall deposit the first special maintenance fund of public housing into the special maintenance fund account of public housing or hand it over to the selling unit for deposit into the special maintenance fund account of public housing before going through the housing check-in formalities.
The Measures for the Administration of Residential Special Maintenance Funds stipulates that:
Article 7 The owners of commercial residential and non-residential houses shall deposit special maintenance funds for houses according to the construction area of their own properties, and the amount of the first special maintenance funds for houses deposited per square meter of construction area shall be 5% to 8% of the construction and installation cost of local houses per square meter.
The competent departments of construction (real estate) of the people's governments of municipalities directly under the central government, cities and counties shall, according to local conditions, reasonably determine and announce the amount of the first-phase residential special maintenance fund deposited per square meter of construction area, and make timely adjustments.
Article 8
After the sale of public housing, residential special maintenance funds shall be deposited in accordance with the following provisions:
(1) The owner shall deposit the special maintenance fund for the house according to the construction area of the property he owns, and the amount of the first special maintenance fund for the house per square meter of construction area shall be 2% of the local housing reform cost price.
(two) units selling houses shall, in accordance with the proportion of not less than 20% of multi-storey houses and not less than 30% of high-rise houses, draw a one-time special maintenance fund for houses from the sales funds.
Article 12
Commercial housing owners should deposit the first phase of residential special maintenance funds into the special account for residential special maintenance funds before handling the house occupancy procedures.
The owner of the sold public housing shall deposit the first special maintenance fund of public housing into the special maintenance fund account of public housing or hand it over to the selling unit for deposit into the special maintenance fund account of public housing before going through the housing check-in formalities.
Units selling public housing houses shall deposit the extracted special maintenance funds for public housing houses into the special account of special maintenance funds for public housing houses within 30 days from the date of receiving the payment for selling houses.
Article 13
Failing to deposit the first residential special maintenance fund in accordance with the provisions of these measures, the development and construction unit or the public housing sale unit shall not deliver the house to the purchaser.