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What's the use of overhaul fund when buying a house?
It is used to repair and update the main structure, public parts and public facilities of the house after the warranty period expires.

The main load-bearing structures of houses include foundation, internal and external load-bearing walls, columns, beams, floors and roofs.

Public parts refer to outdoor walls, hallways, stairwells, corridors, etc.

Public facilities and equipment refer to water pipes, elevators, facades, fire-fighting facilities, green spaces, roads, ditches and other facilities and equipment used by owners in houses and related supporting areas.

1. The principal is jointly raised by the selling unit and the purchasing unit, and the ownership belongs to the payer. Interest is used for the maintenance and conservation of public parts and facilities of residential buildings. When the interest is insufficient, it shall be shared by the property owner. And the housing special maintenance funds implement the principle of "money goes with the house". When the house is transferred, the remaining funds in the account are also transferred to the new owner of the house.

2. Charging standard: When buying a house from a developer and transferring the property right, the house buyer shall pay the house maintenance fund to the seller according to the standard of 2% ~ 3% of the total house price or 0/00 yuan per square meter to 200 yuan. However, due to the different regulations of each city, the specific collection standard of housing maintenance fund needs to look at the specific regulations of the local real estate administrative department.

3. Who manages the housing maintenance fund? Generally speaking, the housing maintenance fund is established under the unified supervision of the real estate management department where the property is located and managed and used by the property management company. In other words, the owner of this fund is out of reach. Generally, the owners' committee will be set up in the community, and then the public maintenance fund will be handed over to the owners' committee, which will exercise the management right. In addition, banks should also set up separate accounts for each car owner at the same time. This account is specially used to show the use and retention of all maintenance funds of the owner. The use and renewal of the housing maintenance fund need to be decided by the owners' meeting.

Fourth, the difference between housing maintenance fund and property fee: property fee mainly includes daily maintenance fee, such as cleaning and sanitation fee, greening maintenance fee and daily maintenance fee of facilities and equipment.