Special maintenance funds shall be used exclusively for the equipment and facilities in the same location of the house, belonging to the public facilities, ancillary buildings, structures and facilities used by the owners, but excluding daily maintenance, major repairs, updates and expenses.
According to the Notice on Strengthening the Management of Residential Special Maintenance Funds in Our City, real estate development enterprises (property service enterprises) should deposit the maintenance funds of the commercial houses sold in special banks within 3 working days after collecting the maintenance funds from the buyers, and receive the special passbook for maintenance funds and send it to the buyers.