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Can overhaul fund reduce the deed tax?
Yes, if the housing area decreases, the house price will decrease, and the maintenance fund and deed tax will also decrease. Maintenance fund and deed tax are paid as follows:

1. The deed tax shall be paid according to the area and whether the buyer purchases the house for the first time: within 90 square meters 1%, within 90 square meters ~ 144 square meters/0.5%, and over 144 square meters or 3% for the first time;

2. The maintenance fund shall be paid to the commercial bank in the area where the property is designated by the real estate department according to the proportion of about 2% of the total house price.