Let's find out first what is public, who is to be entrusted with the maintenance fund, and let's show you how the public maintenance fund should be paid for。
What is it
The housing maintenance fund is the maintenance and maintenance fund for the public part of residential buildings and common facilities and equipment, as provided for in the regulation of the maintenance fund for shared facilities and equipment of the ministry of construction. The public maintenance fund, which is sold and is co-financed by the housing unit and the purchaser, is used for the sale of public parts of residential buildings and shared facilities, maintenance and maintenance of equipment。
In accordance with the regulations, shared areas are the parts of the structure (including the basics, internal and external heavy walls, columns, beams, floors, roofs, etc.), outdoor walls, doors, stairwells, corridors, etc。
The maintenance fund is used for common areas after the expiry of the property warranty, for major repairs and upgrading of common equipment facilities, and for upgrading. When b transfers ownership of the house, the balance maintenance fund is not refunded and will be transferred with the ownership of the house。
The public maintenance fund is paid for by the purchaser at the time of purchase, which is 2 per cent of the purchase。
How much is required from the housing maintenance fund?
The developer should deposit the maintenance fund for the new commodity dwelling into the dedicated bank prior to initial registration of ownership of the new home. The purchaser shall deposit the maintenance fund for the purchase of the commodity dwelling in the exclusive bank prior to the registration of the real estate change. Payment criteria:
(i) homes with elevators, paid by real estate developers at 4 per cent of the cost of building space per square metre; houses without elevators, paid by real estate developers at 3 per cent of the cost of building space per square metre。
(ii) homes with elevators at 3 per cent of the construction cost per square metre; houses without elevators at 2 per cent of the construction cost per square metre。
(iii) the maintenance funds collected on behalf of the housing unit are owned jointly by the owner and are not included in the income from residential sales。
It is clear that the public maintenance fund is not paid only by the purchaser, and that the developer, as the builder of the house, also pays a portion of the public maintenance fund, which is much more than the purchaser would pay。
