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Why pay into the Housing Maintenance Fund?

What is the Home Repair Fund?

Why pay into the Housing Maintenance Fund?

Home buyers often encounter the same problem when receiving a house after completing some home purchase procedures. They originally thought that the procedures have been completed and they can live in their new home without worries, but they are told that they need to pay a housing maintenance fund. Residents who do not know why

Will you question whether you should pay this part of the fee? What is the housing maintenance fund? Why do you need to pay the housing maintenance fund when buying a house?

What is a housing maintenance fund? 1. According to the "Measures for the Management of Maintenance Funds for Facilities and Equipment for Used Parts of Residential Housing" jointly issued by the Ministry of Construction and the Ministry of Finance in 1998, housing maintenance funds are paid by all owners.

, belongs to all owners.

Under normal circumstances, it is managed by the real estate authority. After the owners' committee is established, the company's maintenance funds will be transferred to the owners' committee, which will exercise management rights.

2. The management of the housing maintenance fund will follow five principles, namely "unified deposit, special account storage, dedicated funds, owner decision-making, and government supervision." The housing maintenance fund (housing maintenance fund) actually includes a special fund for housing public facilities.

and building maintenance funds.

3. The special fund for housing public facilities, referred to as the special fund, is used for projects such as the renewal and renovation of the most used parts of the property, public facilities and equipment, and shall not be used for other purposes.

The special fund implements the principle of "money goes with the house". When the house is transferred, the remaining funds in the account will also be transferred to the new owner of the house.

4. The house maintenance fund is used for large and medium-sized repairs, updates, and renovation projects after the warranty period of public facilities and property public facilities and equipment expires.

Public areas refer to the main load-bearing structural parts of the property (including internal and external load-bearing walls, columns, beams, floors, roofs, etc.), outdoor walls, foyers, stairwells, corridors, etc.; 5. Public areas

Facilities and equipment refer to water pipes, water tanks, pressurization, elevators, antennas, power supply lines, public lighting, fire protection facilities, green spaces, roads, ditches, pools, and wells within the property management area that are jointly owned and used by the owner.

, non-commercial parking garages, public welfare cultural and sports facilities and houses used for public facilities and equipment, etc.

Why do you need to pay the housing maintenance fund when buying a house? The housing maintenance fund is mainly used for the overhaul, update and transformation of the main parts of the house and the main facilities and equipment after the warranty period expires, so it needs to be paid.

The legal basis is the "Measures for the Management of Special Residential Maintenance Funds": Article 4 After commercial housing and public housing are sold, a maintenance fund for residential parts, facilities and equipment (hereinafter referred to as "maintenance fund") shall be established.

The use of maintenance funds shall comply with the "Financial Management Regulations for Property Management Enterprises" and shall be used exclusively for the overhaul, renewal, and transformation of residential parts, public facilities and equipment after the warranty period expires.

Article 5 When commercial housing is sold, the home buyer and the selling unit shall sign an agreement on the payment of maintenance funds.

Home buyers should pay a maintenance fund to the selling unit at a rate of 2%-3% of the purchase price.

All owners agree that the maintenance base metal collected by the selling unit on behalf of the house is not included in the residential sales income.

The maintenance fund collection ratio is determined by the real estate authorities of the people's governments of provinces, autonomous regions, and municipalities directly under the Central Government.

Paying the housing maintenance fund is to ensure the normal operation of the surrounding facilities of your house. Residents of residential buildings are obliged to jointly maintain the environment and public facilities used in the place. Once damage causes inconvenience, the property company will

The housing maintenance fund will be used to repair it as soon as possible.