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Overhaul fund, who will pay for it? When will it be handed in?
Overhaul fund shall be paid by the buyer and delivered to the seller. Usually before delivery, the owner has to pay the house maintenance fund.

The public * * * maintenance fund refers to the maintenance fund for residential * * * parts and facilities and equipment, which is specially used for overhaul, medium repair, renewal and transformation of residential * * * parts and facilities and equipment after the warranty period expires. Over time, developers can no longer be responsible for maintenance, nor can they be maintained by any owner alone. Therefore, a maintenance fund must be established to ensure the subsequent normal use of the property and safeguard the interests of the owners and users.

The maintenance fund is paid by the owner to the selling unit, and the maintenance fund collected by the selling unit belongs to all owners and is not included in the residential sales income. It can be seen that this fund should be paid by the owner to the selling unit, and its nature belongs to the owner.

legal ground

Measures for the administration of residential special maintenance funds

Twelfth commercial housing owners shall, when handling the housing check-in, deposit the first phase of residential special maintenance funds into the residential special maintenance fund account.

The owner of the sold public housing shall deposit the first special maintenance fund of public housing into the special maintenance fund account of public housing or hand it over to the selling unit for deposit into the special maintenance fund account of public housing before going through the housing check-in formalities.

Units selling public housing houses shall deposit the extracted special maintenance funds for public housing houses into the special account of special maintenance funds for public housing houses within 30 days from the date of receiving the payment for selling houses. The principal of the housing maintenance fund is jointly raised by the real estate agent and the purchaser, and the interest is used for the maintenance and maintenance of the public parts and facilities of residential buildings. When the interest is insufficient, it shall be shared by the property owner. And public facilities maintenance fund for the maintenance, conservation and renewal of public facilities; The maintenance fund of the house itself is used for the maintenance and conservation of the house itself. The two are clearly defined and cannot be confused and misappropriated.

Usually before handing over the house, the owner has to pay the house maintenance fund. If it is the first special housing maintenance fund, the owner can directly deposit it into the special housing maintenance fund account. Of course, if the owner feels that it is troublesome to pay the maintenance fund, he can also entrust the real estate development enterprise to pay it on his behalf.