when buying a house, you must pay the house maintenance fund. The housing maintenance fund belongs to the owner, and its use needs to be approved at different levels, which is generally used for large-scale maintenance. The housing maintenance fund implements the principle of "money goes with the house". When the house is transferred, the remaining funds in the account are also transferred to the new property owner of the house.

Legal basis

Article 7 of the Measures for the Administration of Special Maintenance Funds for Residential Buildings

Owners of commercial houses and non-residential houses shall deposit special maintenance funds for residential buildings according to the construction area of the property they own, and the amount of the first special maintenance fund for residential buildings deposited per square meter of construction area shall be 5% to 8% of the construction and installation cost of local residential buildings 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 the 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.