I. What are the criteria for the general housing maintenance fund collection?
The housing maintenance fund receives a rate of between 2 and 3 per cent of the purchase price, which is determined by the administration of real estate of the people's governments of the provinces, autonomous regions and municipalities directly under the central government。
Management of the fund for the maintenance of shared facilities and equipment in common locations
In the case of the sale of a fifth commodity dwelling, the purchaser and the seller shall enter into an agreement for the payment of the maintenance fund. The purchaser shall pay the maintenance fund to the seller's unit at a rate of 2 to 3 per cent. The maintenance funds collected on behalf of the establishments are owned jointly by the owners and are not included in the income from residential sales。
The rate of collection of maintenance funds is determined by the administration of real estate of the people's governments of the provinces, autonomous regions and municipalities directly under the central government。
Ii. What are the procedures for using the housing maintenance fund?
(i) property service enterprises propose use options, which should include, for example, the disposal of proposed repairs and upgrades, renovation projects, cost budgets, expenditure ranges, emergency situations such as endangering the safety of houses and other cases requiring temporary use of funds for specialized residential maintenance;
(ii) the owner's assembly adopts the use programme in accordance with the law;
(iii) implementation of a programme for the use of property service enterprises;
(iv) establishments of property services, in possession of relevant materials, propose to the owners ' committee the provision of funds for specialized housing maintenance; of these, applications for funds for the maintenance of publicly owned dwellings are submitted to the department responsible for the maintenance of publicly owned dwellings;
(v) the proprietors ' committee, on the basis of an audit of the use of the programme, reports to the competent authorities of the municipality, municipality and county people's government for construction (real estate); the authorities responsible for the special maintenance of public housing housing, on the basis of a review by the department responsible for the special maintenance of public housing housing, on the basis of an audit of the programme; the authorities responsible for the construction of public housing (real estate) of the municipality, city and county people's government or the department responsible for the special maintenance of public housing, on the basis of an audit of the programme, on the basis of a report to the competent authorities of the municipality, municipality and county government for construction (real estate) and on the basis of the programme for the construction and maintenance of public housing, on the basis of a programme of use, shall order that the law, regulations, regulations and the programme for the use of public housing be corrected;
(vi) notifications from owners ' committees and departments responsible for managing funds for the special maintenance of publicly owned dwellings to the specialized management bank for the transfer of funds for the special maintenance of dwellings;
(vii) the dedicated management bank transfers funds for specialized residential maintenance requirements to the maintenance unit。
Thus, the relevant national legal system does not impose a rate for the home maintenance fund, which cannot exceed 2 per cent or 3 per cent of the purchase price. When buying a house, the buyer should ask in advance the rates of the home maintenance fund, and the contract for the purchase of the house should include provisions for the home maintenance fund。
