Residential special maintenance funds refer to funds earmarked for the maintenance, renewal and transformation of residential parts and facilities after the expiration of the warranty period. Commercial housing owners should deposit the first phase of residential special maintenance funds into the special account for residential special maintenance funds before handling the house occupancy procedures. 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.
Resettlement houses are generally divided into two categories:
1. Supporting commercial houses built or low-priced commercial houses purchased due to residents' removal from major municipal projects. For example, the Expo demolition on both sides of Huangpu River. According to the relevant regulations, if the resettled person obtains such supporting commercial housing, the property right of the housing belongs to the individual, but it shall not be listed and traded within 5 years after obtaining the ownership;
2. If houses are demolished due to real estate development and other factors, the demolition company will arrange or buy low-priced commercial houses on its behalf through other channels (comparing the market price). This kind of commercial housing is no different from ordinary commercial housing. Private property belonging to the resettled person can be freely listed and traded without any restriction on the transfer period.
To sum up, the owner should pay the house maintenance fund before handing over the house. The first phase of housing special maintenance funds, the owners can be directly deposited in the housing special maintenance fund account, can also be entrusted to the real estate development enterprises to pay. Entrusted by a real estate development enterprise, the real estate development enterprise shall, within 30 days from the date of receiving the housing maintenance fund, deposit the housing special maintenance fund into the housing special maintenance fund account.
Legal basis:
"Measures for the administration of residential special maintenance funds" Article 2
These Measures shall apply to the deposit, use, management and supervision of special maintenance funds for commercial housing and after-sale public housing.
The term "residential special maintenance funds" as mentioned in these Measures refers to the funds earmarked for the maintenance, renewal and transformation of residential parts and facilities after the expiration of the warranty period.
Article 12
Commercial housing owners should deposit the first phase of residential special maintenance funds into the special account for residential special maintenance funds before handling the house occupancy procedures.
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.