The housing maintenance fund is mainly used for the overhaul, renewal and transformation of residential parts and facilities after the warranty period expires, so it needs to be paid. The legal basis is that Article 4 of the Measures for the Administration of Special Maintenance Funds for Residential Buildings stipulates that after the sale of commercial housing and public housing, a maintenance fund for residential parts and facilities and equipment shall be established.

what is a housing maintenance fund?

1. According to the Management Measures for Maintenance Funds of Facilities and Equipment in Residential Areas jointly issued by the Ministry of Construction and the Ministry of Finance in 1998, the public maintenance fund is paid by all owners and belongs to all owners. Under normal circumstances, it will be managed by the real estate authorities. After the establishment of the owners' committee, the public maintenance fund will be transferred to the industry committee, which will exercise its management rights.

2. The management of housing maintenance fund will follow five principles, namely, "unified deposit, special account storage, earmarking, owner's decision-making and government supervision". Housing maintenance fund (housing maintenance fund) actually includes housing public facilities special fund and housing maintenance fund.

3. The special fund for housing public facilities is referred to as the special fund, which is used for projects such as the renewal and transformation of the parts used by 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 are also transferred to the new property owner of the house.

4. The house maintenance fund is used for large and medium-sized repair, renewal and renovation projects of public parts and property facilities and equipment after the warranty period expires. The public part refers to the main load-bearing structure of the property (including load-bearing walls, columns, beams, floors, roofs, etc.), outdoor walls, hallways, stairwells, corridors, etc.;

5. Public facilities and equipment refer to water supply and drainage pipes, water tanks, pressurization, elevators, antennas, power supply lines, public lighting, fire-fighting facilities, green spaces, roads, ditches, pools, wells, non-operating parking garages, public cultural and sports facilities and houses used by facilities and equipment in the property management area.

how much should I pay for the house maintenance fund?

the payment standard of the maintenance fund for selling houses is: the purchaser shall pay the maintenance fund to the selling unit according to the proportion of 2%-5.2% of the purchase price. The maintenance fund collected by the selling unit belongs to all the owners and is not included in the residential sales income. The proportion of maintenance fund collection shall be determined by the real estate administrative departments of the people's governments of provinces, autonomous regions and municipalities directly under the Central Government.

according to the provisions of the civil code (effective as of January 1st) and the measures for the administration of special maintenance funds for houses, which came into effect as of February 1st, 28, the special maintenance funds for houses are paid by all owners and are jointly owned by all owners. Under normal circumstances, the maintenance funds are established under the unified supervision of the real estate management department where the property is located, and the property management company or management unit applies for withdrawal. After the establishment of the owners' committee, more than two thirds of the owners' households and construction area agree to transfer the maintenance funds to the industry committee, which will exercise the management rights.