Current location - Trademark Inquiry Complete Network - Tian Tian Fund - Can the repair fund be refunded when selling a house?
Can the repair fund be refunded when selling a house?

Repair funds from the sale of a house are non-refundable.

After selling the house, because the property rights of the house have been transferred, the maintenance fund paid before is not refundable.

The maintenance fund can only be used for the maintenance of houses in the community. The custody, supervision and management of the maintenance fund are owned by the Property Management Office of the Real Estate Bureau.

The house maintenance fund is generally transferred to the name of the house buyer. It only indicates that the house has been paid into the maintenance fund and the amount. It does not mean that the owner has the right to control the funds.

The process for handling the house maintenance fund: 1. The property company or relevant owners must first put forward suggestions for use; 2. The suggestions for use must be announced on the bulletin board first, and must be made by a person occupying more than 2/3 of the total building area.

Implementation can only be carried out after discussion and approval by owners accounting for 2/3 of the total number of owners; 3. After the relevant owners organize the implementation, they will apply to the real estate authority for expenditures based on relevant information; 4. After review and approval by the real estate authority,

Issue a notice to transfer maintenance funds to the special account management bank; 5. The exclusive management bank transfers the required maintenance funds to the maintenance unit.

To sum up, under certain special circumstances, if the owner terminates the property service contract with the property service company and moves out of the community, he or she can apply to the property service company for a refund of the corresponding maintenance fund.

However, specific return policies and standards may vary by region. It is recommended to consult the local property service company or relevant departments before handling the matter.

Legal basis: Article 8 of the "Measures for the Management of Special Housing Maintenance Funds of the People's Republic of China" When selling public housing, special housing maintenance funds shall be deposited in accordance with the following provisions: (1) The owner shall deposit the housing in accordance with the building area of ??the property owned.

Special maintenance funds, the amount of the first-phase residential special maintenance funds deposited per square meter of building area is 2% of the local housing reform cost price.

(2) The unit that sells the house shall draw a one-time special housing maintenance fund from the house sales amount, which shall be no less than 20% of the sales price for multi-story residential buildings and no less than 30% of the house sales price for high-rise residential buildings.