Qualified home purchase definition

Qualified home purchase means: the acquisition, by sale, of a
Qualified home purchase means the acquisition of a qualified
Qualified home purchase means: the acquisition, by sale, of a qualified residential property located in this State which is occupied as a certified first-time homebuyer’s principal residence; or the construction of a new qualified residential property located in this State paid for by the certified first-time home buyer and occupied as the certified first-time home buyer’s principal residence.

More Definitions of Qualified home purchase

Qualified home purchase means, with respect to a
Qualified home purchase means, with respect to a first-time homebuyer savings account, the purchase of a single-family residence in Iowa by the account’s designated beneficiary ninety or more days after the date the account holder first opened a first-time homebuyer savings account.
Qualified home purchase means the acquisition of a qualified residential property that is occupied as a first-time homebuyer’s principal residence following construction or reconstruction by a taxpayer-developer; provided, however, that the value of the qualified residential property does not exceed 75 percent of the median home sale price for homes in the county in which the qualified home purchase occurs, in accordance with data approved by the agency.

Related to Qualified home purchase

  • designated sporting event generally means any association football match, whether national or international. The full legal definition of the different classes of designated sporting events may be found in the Sports Grounds and Sporting Events (Designation) (Amendment) Order 2011, under Article 2(1) and 2(2) of Schedule 2.

  • Eligible Vehicle means a motor vehicle that:

  • Federally Qualified Health Center means a non-administrative medical facility with a fixed permanent location that is identified on the following search engines and offers health services on a sliding scale payment system: http://findahealthcenter.hrsa.gov or http://www.ihs.gov/ or http://www.aachc.org/.

  • Qualifying investment means a capital investment in real property including the purchase price of land and existing buildings, site preparation, building construction, and long-term lease costs. “Qualifying investment” also means a capital investment in depreciable assets.