At property handover, the Maintenance Fund is typically charged as a prepayment into a reserve account managed by the homeowners' association (HOA) or property manager. This fund covers long-term expenses such as roof replacements, pool repairs, and园林 maintenance, ensuring common areas remain in good condition. The amount charged is usually based on estimates provided by the HOA or a third-party consultant, often calculated as a percentage of the property’s value or annual assessments.

The practice of charging a Maintenance Fund at handover is standard in communities with shared amenities to prevent future disputes over funding. HOAs require this upfront reserve to avoid levying special assessments later, which could devalue properties. Data from the Community Associations Institute (CAI) shows that 68% of U.S. HOAs maintain reserve funds, with average contributions ranging from 1% to 3% of annual assessments. For example, a 2020 study by the National Association of Home Builders (NAHB) found that properties in HOA communities with robust reserve funds saw 15% higher resale values compared to those without, as buyers prioritize financial stability. Additionally, state laws in Florida and California mandate reserve accounts for common areas, requiring sellers to disclose fund balances and projected expenses. This transparency ensures buyers understand their financial obligations, reducing legal risks. Collectively, these measures protect property values, ensure predictable maintenance costs, and align with regulatory standards, making the upfront Maintenance Fund charge a critical component of U.S. real estate transactions.