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;
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 First Home Discounted Price and which on its first Disposal does not exceed the Price Cap;

Examples of First Home in a sentence

  • Farm Management Deposit within the meaning of section 393-25 of Schedule 2G of the Income Tax Assessment Act 1936; orb First Home Saver Account within the meaning of section 8 of the First Home Saver Accounts Act 2008; orc.

  • See section 1.2 ‘Other key features of the Regional First Home Buyer Guarantee – RFHBG place limits’ below for further details.

  • If you are eligible for the RFHBG, you are not eligible for the First Home Guarantee.

  • See section 1.2 ‘Other key features of the First Home Guarantee – FHBG place limits’ below for further details.

  • Home buyers who are not eligible for the RFHBG, may be eligible for the First Home Guarantee or the Family Home Guarantee.


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 Xxxxxxxx Community Action Agency at 000-000-0000.
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. 31 means a Dwelling constructed to Space Standards which may be disposed of as a freehold or (in the case of flats only) as a leasehold property to a First 28 RP products only 29 RP Shared Ownership Dwellings only 30 Rent to Buy Time Buyer at the Discount Market Price and which on its first Disposal does not exceed the Price Cap
First Home. Which was your first house? Did you like living there? Did you change of house sometime?
First Home an Affordable Housing Unit which may be disposed of
First Home means a dwelling which is disposed of as a freehold or (in the case of a flat only) as a leasehold property:
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.