What is overhaul fund and how to calculate it?
Overhaul fund, also known as the maintenance fund, each region has its own terms on the scope of use of the maintenance fund, but it is based on the detailed terms of the Measures for the Administration of Residential Special Maintenance Fund issued by the Ministry of Construction and the Ministry of Finance in February 2008.
When purchasing a commercial house, the purchaser needs to pay 2% to 3% of the house price as the house maintenance fund, and sign a house maintenance fund payment agreement with the purchaser. The housing maintenance fund collected by the selling unit belongs to all owners and is not included in the housing sales income.
When will overhaul fund hand it in
1. The owner shall pay the house maintenance fund before handling the handover procedures. He can directly deposit the housing maintenance fund into a special account, or entrust a real estate developer to pay for it, but the real estate developer must deposit the housing maintenance fund into a special account within 30 days after receiving the payment.
2. If you choose to let the real estate developer pay, you need to hand over the housing maintenance fund to the real estate developer within 30 days before handling the real estate license, so that the real estate developer can deposit it in the city housing fund management center system. If the real estate developer asks the owner to pay the housing maintenance fund when paying the down payment, then the developer also needs to pay the bank interest generated during this period.
3. The real estate developer shall deposit the housing maintenance fund into the local housing fund management center system after collecting the housing maintenance fund. After the establishment of the community management committee, the housing maintenance fund shall be handed over to the community management committee for management.
The above is a complete introduction about what overhaul fund is, how to calculate it and when overhaul fund handed it in.