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What's the use of the fund to repair the house?
Hello, 1. The maintenance fund can only be used when the public parts of the property, facilities and equipment are overhauled, updated and transformed after the warranty period expires. The specific owners shall share the cost proportion according to the determination standard of voting rights. 2. When the maintenance fund is idle, it shall not be used for other purposes except the purchase of treasury bonds or other funds stipulated by laws and regulations. 3. The special-purpose (1) property management company can temporarily borrow the reserve fund equivalent to one month's daily maintenance and renewal cost of the property from the maintenance fund; Unless otherwise agreed in the property management service contract. (2) If the house needs to be overhauled or specially maintained or updated, the advance payment agreed in the construction contract may be withdrawn, but the advance payment shall not exceed 30% of the total project amount. (3) The owners' committee may keep a reserve fund equivalent to one month's activity funds in the account of the property management enterprise, unless otherwise decided by the owners' meeting.

You don't need overhaul fund to buy a second-hand house. The public maintenance fund is only paid in one lump sum when buying a first-hand house.

1. public * * * maintenance fund refers to the maintenance fund for public * * * parts, facilities and equipment of residential buildings according to the Measures for the Administration of Maintenance Fund for Facilities and Equipment Used in Residential Buildings (Jian Jian [1998] No.213) issued by the Ministry of Construction. The maintenance fund for units selling public houses is jointly raised by the units selling houses and the employees buying houses, and the ownership belongs to the purchaser, which is used for the maintenance of public parts and facilities of residential buildings.

2. According to laws and regulations, * * * refers to the main load-bearing structural parts of the house (including foundation, internal and external load-bearing walls, columns, beams, floors and roofs, etc.). ), outdoor walls, hallways, stairwells, corridors, etc. The maintenance fund is used for the large and medium-sized repair, renewal and transformation of * * * old parts and * * * old equipment and facilities after the property warranty period expires.

3. When Party B transfers the ownership of the house, the balance maintenance fund will not be returned and will be transferred with the ownership of the house.