Before use, it must be decided by the owners' congress and the owners' committee. The maintenance projects and maintenance budget are announced by the owners' committee on the bulletin board of the community, and more than two-thirds of the owners must agree to apply to the real estate bureau. After the application is approved, 80% of the total budget will be transferred to the corresponding account. After the project is settled, it will be settled according to the facts and shared by households.
Housing maintenance funds are used for the maintenance and renewal of the main structure, public parts and public facilities and equipment 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 pipes, elevators, facades, fire-fighting facilities, green spaces, roads, ditches and other facilities and equipment used by owners in houses and related supporting areas.
To sum up, the housing maintenance fund refers to the funds paid by the owner to the property management company or the industry Committee in a certain proportion when purchasing a house for the maintenance of the public part of the community.
Legal basis:
Measures for the administration of residential special maintenance funds
Article 7
The owners of commercial housing and non-residential housing 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 is 5% to 8% of the cost per square meter of local residential construction and installation projects. 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.