The special fund for housing public facilities is referred to as the special fund, which is used for the renovation of common parts of property and public facilities and equipment, and shall not be used for other purposes. The special fund implements the principle that money goes with the house. When the house is transferred, the remaining funds in the account are also transferred to the new owner of the house.
When selling commercial housing, the buyer and the sales unit shall conclude a maintenance fund payment agreement, and the buyer shall pay the maintenance fund to the sales unit according to the proportion of 2-3% of the purchase price. The maintenance fund collected by the selling unit belongs to all owners and is not included in the residential sales income. The current deposit standards of the first special maintenance fund are: 90 yuan/m2 for high-rise buildings (including multi-storey buildings with elevators) and 50 yuan/m2 for multi-storey buildings (including villas).