House purchase fund refers to the maintenance fund of residential public parts and facilities and equipment. The principal is jointly raised by the selling unit and the purchasing unit, and the ownership belongs to the payer. Interest is used for the maintenance and conservation of public parts and facilities of residential buildings, and is distributed by the owners when the interest is insufficient.

The role of housing provident fund

1, the housing maintenance fund is generally managed by the real estate department of the city where it is located. After the establishment of the industry Committee, the community will be managed by the industry Committee. The housing maintenance fund follows the principle of "money goes with the house". When the house is transferred, the remaining funds in the corresponding account of the house will also be transferred to the new owner.

2. Participate in equity market investment through funds and share the dividends of economic growth.

3. The buyer shall pay the house maintenance fund before the house is delivered. You can directly deposit the first special housing maintenance fund into the special housing maintenance fund account, or you can entrust a real estate agent to pay it on your behalf.

From April 1 day, 2000, the payment standard for house purchase is adjusted as follows: multi-storey buildings and villas are generally levied at 2% of the house purchase price; High-rise buildings and multi-storey buildings with elevators are generally charged at 3% of the purchase price. Units selling houses shall raise public maintenance funds in accordance with the proportion of 2% of the sales price of multi-storey houses and 3% of the sales price of high-rise houses.

The maintenance fund belongs to all owners, and a special account should be set up for special use, and it should be regularly inspected and supervised by the owners' congress and the owners' committee. Maintenance fund detail households are generally set according to a single house. The maintenance fund shall be declared by the owners to the property management company, and the property management company shall apply to the fund management center directly or jointly with the owners' committee (owners).