Following the receipt of the new house, there is also a public contribution to the public maintenance fund, which is used for the maintenance of the house in the future because of quality problems. The size of the public maintenance fund is determined by reference to the size of the house, the proportion of the public maintenance fund for the new house, and the use of maintenance funds is authorized in four cases。
What percentage of the new public maintenance fund
At the time of sale, the buyer and the seller shall enter into an agreement for the payment of the maintenance fund and the purchaser shall pay the maintenance fund to the seller (developer) at the rate of 2-3 per cent of the purchase price. The maintenance funds collected by developers are shared with all owners and are not included in the income from residential sales。
The special maintenance funding criteria are: 90 yuan/m2 for the upper floor (with multiple layers of elevators), 50 yuan/m2 for the multilayer (with villas); = cost x percentage x area per square metre of building space。
It is important to note, however, that the specific criteria for the maintenance fund are determined by the local property administration, so that the proportion of the maintenance fund varies from region to region, and walnet recommends that buyers consult the local government website or the housing authority website。
The use of maintenance funds was approved in four cases
(i) six emergency situations (elevator sprinting, crouching or other security hazards endangering personal safety; security hazards or malfunctions in equipment for fire-fighting system facilities; security hazards or malfunctions in equipment for water drainage system facilities, causing extensive water outages or spills; roofs, facades, exterior wall leaks and flooding in basements, seriously affecting the normal use of the owner's house; external wall hazards such as falling and stripping; and other situations likely to pose a serious risk to the safety of the person) require applications for funds for specialized residential maintenance: applications for pre-programming and pre-filing, organization of construction and completion of collections, postings; public objection or objections from the district houses authority (hoa) that do not exceed the owners of more than one third of the total building area and account for one third of the total, and requests are formally processed by the receiving units and transfers within seven working days。
(ii) in general, maintenance and renovation projects have been completed and accepted, requiring a one-time application for the use of maintenance funds: the application is preceded by the organization of construction and owner vote and the posting of public announcements; the public opinion of the district housing authority (ra) does not contest or challenge the number of owners who do not exceed one third of the total building area and account for one third of the total, the processing unit formally receives the application and transfers the funds within seven working days。
(iii) in general, maintenance and renovation projects have not yet started or completed, requiring applications for advance payment for specialized maintenance funds: the application must be preceded by a programme and a vote by the owner, a public announcement; the district housing authority (scb) has no objection or objection to the number of owners who do not exceed one third of the total building area and one third of the total number of owners, and the processing unit formally receives the application and transfers the funds within seven working days。
(iv) applications for the use of the balance of maintenance funds are normally approved: upon completion of the maintenance and renovation project, the applicant submits the materials to the district housing authority (residential authority) at the location, the district housing authority (residential authority) undertakes on-site verification and the receipt and inspection of the accounts of the works (including the review price report) and the completion and inspection of the maintenance and renovation works are publicized in the district for a period of seven days; the public opinion of the district housing authority (residential authority) does not raise objections or challenge more than one third of the owners of the building area and one third of the total population is officially processed by the unit and the funds are transferred within seven working days。
What is the proportion of the new public maintenance fund, and the use of maintenance funds is authorized in four cases? If the owner lives in property or the developer embezzles the public maintenance fund, it can be prosecuted by legal means. If you need help, you can consult walnet lawyers online。
