The maintenance fund is owned by the owner and is used for large and medium-sized repairs of the house. The amount of the first-phase residential special maintenance fund for a general square meter of building area is 5% to 8% of the cost per square meter of the local residential building and installation project. If the house
If the demolition maintenance fund is not used up, it should be returned to the owner. If the maintenance fund is less than 30% of the initial deposit, it should be renewed in time.
If an owners' meeting is established, the renewal plan shall be decided by the owners' meeting.
If the owners' meeting has not been established, the specific management measures for renewal shall be formulated by the construction (real estate) competent departments of the municipal, city, and county people's governments in conjunction with the financial departments at the same level.