The main role of the public maintenance fund for house buying is for the maintenance and renovation of public places in the sub-districts, and the public maintenance fund for house buying is compulsory for citizens. So what is the rate of contribution to the public maintenance fund for house buying? How does the public maintenance fund for house buying apply
Payment criteria for the public maintenance fund for house buyers
The public maintenance fund for the purchase of houses is a fund established after the sale of commodity housing and publicly owned housing for the purpose of housing co-location and for major repairs, renovations and improvements after the completion of the maintenance of the common facility equipment. Generally, when the house is delivered, it is collected on behalf of the developers and invoices are issued for the maintenance of the fund management centre. At the same time, there are certain criteria for contributions to the maintenance fund. According to the measures for the management of the commodity residential maintenance fund, the initial maintenance fund is to be financed from the development construction unit and the purchaser of the total amount to be paid on the basis of the following percentages: (i) a commercial housing without elevators, a commercial home for development units and a maintenance fund for purchasers at 1 per cent each; and (ii) a commercial dwelling with elevators at 1. 5 per cent for development units and a maintenance fund at 1 per cent for purchasers。
Use of public maintenance funds for house purchases
First, it is the owner who reports to the property company and the property company, either directly or jointly with the owner's committee (owner), submits an application to the fund management centre. The site survey is then carried out by specialized engineers together with the property and owners ' committee (proprietors) to certify whether the public maintenance funds need to be utilized and to arrange for repairs as soon as they are met. Upon completion of the maintenance, the fund management centre, the property management company and the owner, or the owner's representative, check and check. Finally, the settlement of the maintenance costs is made by the maintenance unit (usually the property management company), which, with the approval of the owner's board stamp, considers that the owner's committee does not have the expertise and that the fund management centre will also determine the final price to determine the cost and then deduct the money from the account number of the public maintenance money of the owner concerned. The general public sector is supervised by the owners' board and the individual household by the owners' board。
It should be noted that the current rates of payment of public maintenance funds for house purchases vary from one place to another, and citizens can access the local government network. In addition, applications for a public maintenance fund for housing need to be complete and accurate。
