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What does public maintenance fund mean?
Public * * * maintenance fund refers to the maintenance fund for public * * * parts and facilities and equipment of residential buildings according to the provisions of the Measures for the Administration of Maintenance Fund for Facilities and Equipment Used in Residential Buildings of the Ministry of Construction. The maintenance fund for units selling public houses is jointly raised by the units selling houses and the employees buying houses, and the ownership belongs to the purchaser, which is used for the maintenance of public parts and facilities of residential buildings.

According to relevant regulations, * * * refers to the main load-bearing structural parts of the house (including foundation, internal and external load-bearing walls, columns, beams, floors and roofs, etc.). ), outdoor walls, hallways, stairwells, corridors, etc. The maintenance fund is used for the large and medium-sized repair, renewal and transformation of * * * old parts and * * * old equipment and facilities after the property warranty period expires. When Party B transfers the ownership of the house, the balance maintenance fund will not be returned and will be transferred with the ownership of the house.

Housing maintenance funds include housing public facilities special funds and housing maintenance funds. The special fund for housing public facilities is referred to as the special fund, which is used for projects such as the renovation of common parts of property and public facilities and equipment, and shall not be used for other purposes. Special funds to implement the principle of "money with the house". When the house is transferred, the remaining funds in the account are also transferred to the new owner of the house. The housing maintenance fund is used for large and medium-sized repair and renovation projects of the main structure, public parts and public facilities and equipment of the house after the warranty period expires.

The main load-bearing structures of houses include foundation, internal and external load-bearing walls, columns, beams, floors and roofs. Public parts refer to outdoor walls, hallways, stairwells, corridors, etc. Public facilities and equipment refer to water supply and drainage pipelines and equipment, distribution cables and equipment, elevators, public lighting, fire-fighting facilities, green spaces, roads, ditches, non-operating parking garages, public cultural and sports facilities and other facilities and equipment owned and used by the owner. The maintenance fund is managed by the Housing Authority, and the application process is complicated.