How to calculate Chengdu new house overhaul fund

How to calculate Chengdu new house overhaul fund

In recent years, with the rapid development of Chengdu's real estate market, home buyers have become increasingly concerned about the calculation method of new home overhaul funds. The overhaul fund is an important expense that home buyers need to pay when purchasing a new home. It is mainly used for future home repairs and maintenance of public facilities. This article will introduce in detail the calculation method of Chengdu’s new home overhaul fund, and attach structured data to help home buyers better understand the composition of this expense.

1. What is the overhaul fund?

The overhaul fund, which stands for "Special Residential Maintenance Fund", refers to the special fees paid by home buyers according to a certain proportion when purchasing a new house, which will be used for the maintenance and renovation of common parts of the house, shared facilities and equipment in the future. Contribution to the overhaul fund is an obligation stipulated by law and aims to ensure the long-term safety of the house.

2. Calculation method of Chengdu new house overhaul fund

According to relevant regulations in Chengdu, the calculation of the new house overhaul fund is mainly based on the house area and house type. The specific calculation standards are as follows:

For example, if you purchase a 100-square-meter high-rise residence, the calculation formula for the overhaul fund is: 100 square meters × 120 yuan/square meter = 12,000 yuan.

3. Time and method of payment of overhaul fund

Homebuyers are usually required to pay a major repair fund when taking delivery of the home. The payment method is generally a one-time payment, and the specific process is as follows:

1. The developer or property company issues a "Notice of Deposit of Special Residential Maintenance Funds".
2. The home buyer pays the overhaul fund to the designated bank with the notice.
3. After payment, the bank will issue a deposit certificate, and the home buyer needs to hand the certificate to the developer or property company.

4. Scope of use of overhaul fund

The overhaul fund is mainly used for repairs and updates in the following areas:

1. Common parts of the house: such as roofs, exterior walls, stairwells, etc.
2. Shared facilities and equipment: such as elevators, fire-fighting facilities, water supply and power supply equipment, etc.
3. Other public facilities: such as community roads, greening, etc.

5. Management and supervision of overhaul funds

The overhaul fund is managed by the owners' committee or the property company, and is subject to supervision by the owners and the government. When using the overhaul fund, it needs to be approved by the owners' meeting or the owners' committee to ensure that the funds are used transparently and reasonably.

6. Frequently Asked Questions

1. Can the overhaul fund be refunded?
Once the overhaul fund is paid, it is generally non-refundable. But if the house is transferred, the remaining overhaul funds can be transferred with the house to the new owner.

2. Will the payment ratio of the overhaul fund be adjusted?
The payment standards for the overhaul fund may be adjusted according to policies, and home buyers should refer to the latest regulations.

3. What is the difference between the overhaul fund and property fees?
The overhaul fund is used specifically for future repairs, while the property fee is used for daily management and maintenance. They have different purposes.

7. Summary

The overhaul fund is an expense that cannot be ignored in the home buying process. Understanding its calculation method and scope of use can help home buyers better plan their financial expenditures. The structured data and detailed description provided in this article hope to provide practical reference information for home buyers.

If you have other questions about the Chengdu New Home Overhaul Fund, it is recommended to consult the local housing authority or a professional lawyer to get more accurate answers.