There are two ways for Jiaotong University to repair the fund, one is to hand it over to the developer, and the other is for the buyer to hand it over to the entrusted bank designated by the Housing Authority. Both ways can be used for Jiaotong University to repair the fund. Overhaul fund is also called public maintenance fund. The public maintenance fund is paid by the owner * * * and used for the overhaul and maintenance of the house after it is over-insured. It belongs to all owners.

The purpose and precautions of overhaul fund are:

1. After the house has passed the warranty period, overhaul fund can be used to update and transform the public facilities and equipment in the residential area, and it can only be used with the consent of more than two thirds of the owners.

2. After overhaul fund pays, it can only be used for special purposes. If the maintenance fund is idle after payment, it can be used to purchase government bonds or funds prescribed by law, and it is forbidden to use it for other purposes.

3. Under special circumstances, if the house needs to be overhauled or repaired and updated, it can pay the advance payment to the construction party, and the withdrawal amount cannot exceed 30% of the total project amount. Yoshiya real estate encyclopedia, buying a house needs more knowledge.