To apply for housing maintenance fund, the property or owners' committee should first formulate the use plan, and then publicize the plan in the community bulletin board for more than 7 days. With the consent of two-thirds of the owners of the community, it shall be reported to the maintenance fund management department. After being approved by the municipal administration department, 70% of the maintenance funds will be distributed, and the rest will be distributed after the project is completed.

The maintenance fund is collected by the developer and then transferred to the real estate management center by the developer. Generally, the owner should hand it over to the developer one month before handling the real estate license, and then the developer will hand it over to the real estate management center. If the developer requires the owner to pay the property maintenance fund together with the down payment, then the developer must pay the bank interest charged in advance during this period.

Matters needing attention in the use of maintenance fund

Before each use, it must be approved by the owner according to the double two-thirds rule and reported to the relevant departments for review before it can be used, and it will take effect after the warranty period of the building.

If you don't use this money, you can use it to buy regular government bonds and funds stipulated by law, and you can't use it for private use or without authorization.

The above contents refer to Baidu Encyclopedia-Maintenance Fund.