The public maintenance fund, also known as the special home maintenance fund, means that the owner of a residential property pays a certain standard amount to the special account for the purpose of maintaining the public part of the property area and sharing the facilities and maintaining the equipment. Simply put, it is a sum paid in advance by the owner of the property in order to maintain his home. The public maintenance fund is paid in accordance with the provisions of the ministry of construction's act on the regulation of the fund for the maintenance of shared facilities and equipment, which is jointly owned by all owners and is not counted as income from residential sales and may not be diverted for other purposes. This is what the public maintenance fund means。

Who do you want from the public maintenance fund
The public maintenance fund is to be handed over to the designated commercial bank of the real estate administration in the property area for the establishment of a special account and is supervised and managed by the real estate administration. If the sub-districts set up a proprietors ' committee, the public maintenance fund can be transferred to the proprietors ' committee, which exercises management powers. Both banks and owners ' committees are required to disclose to all owners the breakdown of the public maintenance funds and to accept the supervision of all owners。
What's the public maintenance fund for

The role of the public maintenance fund is to ensure normal use and value maintenance of residential properties and to provide timely and necessary maintenance/maintenance/upgrading and adaptation of public spaces and shared facilities/equipment. Public space and shared facilities/equipment comprise: shared parts of the structure of the main home (comprising basic/internal and external loads/walls/columns/buildings/roofs, etc.), outdoor walls/doors/stairways/corrivals, etc.; shared facilities such as elevators/water supply/power supply/gas supply/heating/air conditioning/air conditioning/fire-fighting/lighting; and shared equipment such as television receivers/door-barrier systems。
What are the rates of payment for the public maintenance fund
Payment of a percentage (generally 2-5 per cent) of the purchase price to the premises
Payment to the housing unit in accordance with a certain amount (generally 50 to 200 yuan per square metre)
Annual contributions to the property management company in accordance with a certain amount of the building area (generally 0. 5 to 1 yuan per square metre)
4 based on actual maintenance costs incurred。
This paper focuses on what public maintenance funds mean by knowledge points, and only references。








