Many friends who buy a house in Chongqing are not very clear about the place of payment in overhaul fund, Chongqing, so the following small series will tell you about this problem.

Some residential maintenance funds are deposited in property management companies, some are handed over to developers, some are handed over to the Housing Authority for management, and the deed tax is basically handed over to the local taxation bureau. Of course, some developers charge this fee. At this time, it will be handed over to the developer, and other situations will not be paid in one place.

In fact, developers have nothing to do with residential special maintenance funds. The reason why this fee is charged is because it is necessary to apply for a property right certificate.

At present, when property buyers sign a house purchase contract with developers, if they use mortgage loans to purchase houses, they will basically stipulate in the contract that the developers will handle the property right certificate on their behalf. This is because the bank requires the developer to assume the phased guarantee responsibility when the developer acts as the mortgage loan agent for the owner. In other words, before the owner's property right certificate is completed, the developer assumes the guarantee responsibility for the owner.

Once the owner fails to repay the bank loan, the bank will directly deduct the money from the developer's deposit. Therefore, in order to remove the guarantee responsibility as soon as possible, the developer collects special maintenance funds for the house on the grounds of acting as the agent of the real estate license.

Because you can't do the title certificate without paying the special maintenance fund for the house. Just like a reaction, developers take paying special maintenance funds and deed tax as the condition of repossession in order to save the trouble of expediting in the future.

That's all about overhaul fund, I hope I can help you!