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Consequences of late payment of maintenance fund
If the buyer fails to pay the maintenance fund for some reason, the time for the buyer to handle the real estate license will be delayed accordingly. Moreover, people who buy houses in the future need to apply for real estate licenses themselves, and developers generally will not help owners to handle them again.

Everyone who buys a house needs to pay the maintenance fund when buying a new house. When the house is delivered to the buyer, the buyer must pay the maintenance fund. Under normal circumstances, the maintenance fund is collected by the developer first, and then transferred to the Property Management Office of the Housing Authority for custody and supervision.

Extended data:

The maintenance fund belongs to all owners and is mainly used for the maintenance, renewal and transformation of public areas and public facilities in residential areas. If there is a problem with the load-bearing wall, floor and roof of the house, then the owner can also apply for using the maintenance fund for maintenance. The maintenance fund is a special maintenance fund for houses and cannot be used for other purposes.