First Home definition

First Home means a Dwelling which may be disposed of as a freehold or (in the case of flats only) as a leasehold property to a First Time Buyer at the Discount Market Price and which on its first Disposal does not exceed the Price Cap;

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First Home means that the saver has not owned a home for the past three years prior to applying for a Prosperity Savings Account (PSA). Funds cannot be used for previous payments/purchases, mortgage loans, credit cards, or other types of debt.

First Home means a Dwelling which may be disposed of as a freehold or (in the case of flats only) as a leasehold property to a First Time Buyer at the Discount Market Price and which on its first Disposal does not exceed the Price Cap

Examples of First Home in a sentence

• Each First Home shall be used only as the main residence of the First Homes Owner and shall not be let, sub-let or otherwise Disposed of other than in accordance with the terms of this Deed PROVIDED THAT letting or sub-letting shall be permitted in accordance with paragraphs 5.1 – 5.4 below.

• A First Homes Owner may let or sub-let their First Home pursuant to this paragraph more than once during that First Homes Owner’s period of ownership, but the aggregate of such lettings or sub-lettings during a First Homes Owner’s period of ownership may not exceed two (2) years.

• If at the end of that period the owner has been unable to Dispose of the Dwelling as a First Home he may serve notice on the Council in accordance with paragraph 4.6 following which the Council must within 28 days issue confirmation in writing that the Dwelling may be Disposed of other than as a First Home.

More Definitions of First Home

First Home means that the saver has not owned a home for the past three years prior to applying for a Prosperity Savings Account (PSA). This qualified asset purchase is matched at a 4:1 savings rate. Funds cannot be used for previous payments/purchases, mortgage loans, credit cards, or other types of debt. Budget Coach Program: This is a 12-session program, which includes one or two 1- hour budget counseling session each month. A minimum of 6 sessions of the Budget Coach program is required to access the match funds. Verification of completion of 6 sessions of the program must be submitted. First time Homebuyer Education: Savers must complete a first-time home buyer class. For the required homebuyer education go to this link: Savers may also contact the ▇▇▇▇▇▇▇▇ Community Action Agency at ▇▇▇-▇▇▇-▇▇▇▇.

First Home or "home" means the first residential real property located in this state to be purchased by a grantee who has not owned or had an ownership interest in a principal residence in the three years prior to the purchase.

First Home an Affordable Housing Unit which may be disposed of

First Home. First Homes Owner" "First Time Buyer" "Homes England" Local Connections Cascade means a Dwelling which may be Disposed of as a freehold or (in the case of flats only) as a leasehold property to a First Time Buyer at the Discount Market Price and which on its first Disposal does not exceed the Price Cap; means the person or persons having the freehold or leasehold interest (as applicable) in a First Home other than:

First Home or "home" means the first residential real property located in this state to be purchased by a grantee, which property serves as the grantee's primary residence, upon its acquisition, for not less than five years, but does not include a home purchased from an immediate family member of the grantee or from a business in which an immediate family member of the grantee owns more than a ten per cent interest.

First Home means that the saver has not owned a home for the past three years. This qualified asset purchase is matched at a 3:1 savings rate.

First Home means a dwelling which is disposed of as a freehold or (in the case of a flat only) as a leasehold property: