Legal basis: Measures for the Administration of Residential Special Maintenance Funds
Article 1 The owners of commercial residential and non-residential houses shall deposit special housing maintenance funds according to the construction area of their own property, and the amount of the first special housing maintenance funds deposited per square meter of construction area shall be 5% to 8% of the local housing construction and installation project cost per square meter.
The competent departments of construction (real estate) of the people's governments of municipalities directly under the central government, cities and counties shall, according to local conditions, reasonably determine and announce the amount of the first-phase residential special maintenance fund deposited per square meter of construction area, and make timely adjustments.
Second sale of public housing, in accordance with the following provisions of the deposit of residential special maintenance funds:
(1) The owner shall deposit the residential special maintenance fund according to the construction area of the property owned, and the amount of the first residential special maintenance fund deposited per square meter of construction area shall be 2% of the local housing reform cost price.
(two) units selling houses shall, in accordance with the proportion of multi-storey residential buildings and high-rise residential buildings, not less than 20% and 30% respectively, extract special maintenance funds from houses.