For employees who have paid housing provident fund for demolition and replacement housing, if the demolition and resettlement housing exceeds the replacement area, part of the housing provident fund balance that cadres and workers need to buy houses can be extracted from the employee's own and spouse's accounts, and the extracted provident fund balance cannot exceed the purchase amount. Those who meet the extraction conditions should go to the municipal housing provident fund management center to receive the Approval Form for Housing Provident Fund Extraction, and provide the following materials: 1, the original of the Demolition Compensation Agreement (property right replacement); 2. Replace the bills related to house purchase that exceed the area; 3. One original and one copy of the ID card and marriage certificate of both husband and wife; 4. The balance sheet of the provident fund deposit printed and sealed by the bank.

Legal objectivity:

"Regulations on the Management of Housing Provident Fund" Article 24 Employees may withdraw the storage balance in the housing provident fund account under any of the following circumstances: (1) purchasing, constructing, renovating or overhauling their own houses; 2 retired; (three) completely lose the ability to work, and terminate the labor relationship with the unit; (4) Having left the country to settle down; (5) Repaying the principal and interest of the house purchase loan; Rent exceeds the prescribed proportion of family wage income. In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time. If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account will be included in the value-added income of the housing provident fund.