Legal basis: Measures for the Administration of Residential Special Maintenance Funds
Article 8 Where public housing is sold, the special housing maintenance fund shall be deposited in accordance with the following provisions: (1) The owner shall deposit the special housing maintenance fund according to the construction area of the property he owns, and the amount of the first special housing maintenance fund deposited 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.
Ninth residential special maintenance funds deposited by the owners belong to the owners. The residential special maintenance funds extracted from the public housing sales funds belong to the public housing sales units.