Maintenance fund, that is, public maintenance fund or special maintenance fund, refers to the residential property paying a certain standard fee to a special account for the maintenance and renovation of public facilities and equipment in the region.

This maintenance fund belongs to all owners of the community. Under normal circumstances, it is collected by the developer and handed over to the real estate management center.

2. When will the maintenance fund be paid?

Under normal circumstances, the maintenance fund is collected by the developer and paid together with the down payment.

The payment time needs to be handed over to the developer one month before handling the real estate license, and then handed over to the real estate management center by the developer.

Before handing it over to the real estate management center, the interest generated by the maintenance fund also needs to be handed over to the real estate management center.

Of course, the maintenance fund can also be paid by the owners themselves.