Real estate development enterprises (property service enterprises) shall, within 3 working days after collecting maintenance funds from the buyers, deposit the maintenance funds of the commercial houses sold in special banks.
And receive a special passbook for maintenance funds and send it to the purchaser.
The maintenance fund belongs to the owner, and the escrow unit shall not use it as a mortgage or guarantee. Entrusted by a real estate development enterprise.
Real estate development enterprises shall, within 30 days from the date of receipt of housing maintenance funds, deposit the housing special maintenance funds deposited on their behalf into the housing special maintenance fund account.