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What does the maintenance fund mean?
Housing maintenance fund, also known as public maintenance fund, is a special fund, which is used to pay the expenses incurred when residential buildings, public parts of houses and some public facilities need maintenance after the warranty period expires. It can't be used for other purposes. According to the relevant national laws and regulations, every household needs to pay a maintenance fund when purchasing a new house, which is managed and used by the owners' committee.

Under normal circumstances, the maintenance foundation is collected by the developer at the time of the 1 purchase, and then transferred to the real estate management center by the developer. After collection, the owner should ask the collecting unit for relevant bills. If you don't pay the housing maintenance fund on time, it will affect his later application for real estate license, so you should pay it in time. Most cities collect housing maintenance funds according to the total amount of housing. Yoshiya real estate encyclopedia, buying a house needs more knowledge.