What about overhaul fund?
Real estate development enterprises and property buyers of newly-built commercial houses need to pay maintenance funds in accordance with the following provisions:
1. For the residence equipped with elevator car, the real estate development company shall pay 4% of the unit price per square meter of the total construction area:
2. For the residence without elevator car, the real estate development company shall pay 3% of the unit price of the total construction area per square meter. For the house with elevator car, the buyer shall pay 3% of the unit price according to the total construction area per square meter;
3. For the house without elevator car, the buyer shall pay 2% of the ex-factory price of the total construction area per square meter.
What are the precautions?
1. The real estate management unit shall regularly inquire about the deposit of maintenance funds from special financial institutions, and publish them within the scope of property management;
2. The real estate administrative unit shall report the deposit of maintenance funds to the superior leaders of the real estate administrative unit in time;
3. The owners' committee shall regularly release the use and surplus of the maintenance fund to the owners of the whole community;
4. The owners of individual residential quarters can check the application and retention of their own residential maintenance funds at the bank with the maintenance fund tax stamp. If the property management is relocated;
5. If there is any damage, the owner of the residential area can claim the account balance in a separate account from the financial institution with relevant certificates. 5. overhaul fund is the maintenance fund for public facilities and shared machinery and equipment. This is also the cost that commercial housing must pay for the maintenance and upgrading of public facilities and shared machinery and equipment at the property management level.