Overhaul fund is also called maintenance fund. Maintenance fund, also known as "public maintenance fund" and "residential special maintenance fund", refers to the funds earmarked for the maintenance, renewal and transformation of residential parts and facilities after the warranty period expires.
legal ground
The full text of the Measures for the Administration of Residential Special Maintenance Funds Article 17 If the balance of residential special maintenance funds in the owner's ledger is less than 30% for the first time, it shall be renewed in time. If the owners' meeting is established, the renewal plan shall be decided by the owners' meeting. If the owners' meeting is not established, the specific management measures for renewal shall be formulated by the construction (real estate) department of the people's government of the municipality directly under the central government, the city and the county jointly with the finance department at the same level.