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What does the maintenance fund paid by the buyer mean when buying a house?
The maintenance fund paid at the time of purchase is used for the maintenance and renewal of the main structure and public parts after the warranty period expires. Maintenance fund refers to the maintenance fund for public parts and facilities of residential buildings, which is generally used for large-scale maintenance, and its use needs to be approved at different levels.

legal ground

"Measures for the administration of residential special maintenance funds" eighteenth

Residential special maintenance funds shall be earmarked for the maintenance, renovation and transformation of residential parts and facilities after the expiration of the warranty period, and shall not be used for other purposes.

Article 21

Where the maintenance, renovation and renovation of residential parts and facilities involve unsold commercial housing, non-residential housing or public housing, the development and construction unit or public housing unit shall share the maintenance, renovation and renovation costs according to the construction area of unsold commercial housing or public housing.