Maintenance fund, also known as "public maintenance fund" and "special maintenance fund", refers to the fund that the owners of residential properties pay a certain standard of money to a special account for the maintenance of public parts and facilities in the property area, and authorize the owners' committee to manage and use it in a unified way.

According to the "Measures for the Management of Facilities and Equipment Maintenance Fund for Residential Part * * * * * * (Residential)" jointly issued by the Ministry of Construction and the Ministry of Finance 1998, the public housing maintenance fund is paid by all owners and owned by all owners. Under normal circumstances, it is managed by the real estate administrative department. After the establishment of the owners' committee, the housing maintenance fund will be handed over to the industry committee, which will exercise the management right.

The housing maintenance fund belongs to all owners, and no one may misappropriate it without permission. Once found, it will be punished by warning, fine or criminal detention. There are certain conditions for applying for housing maintenance fund: the housing maintenance fund must be used for public parts and public facilities of the house; Use after the warranty period expires; Get the consent of the owner of more than two-thirds of the relevant income.