Legal basis: Measures for the Administration of Residential Special Maintenance Funds
Fourth residential special maintenance funds management to implement the principle of special account storage, earmarking, owner decision-making, government supervision.
Article 6 The owners of the following properties shall deposit special maintenance funds for houses in accordance with the provisions of these Measures: (1) Houses, except those owned by one owner and not used with other properties and using facilities and equipment; (2) Non-residential buildings in residential quarters or non-residential buildings connected with single residential structures outside residential quarters. If the property listed in the preceding paragraph belongs to the sale of public housing, the selling unit shall deposit special housing maintenance funds in accordance with the provisions of these measures.
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.