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, 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.
More Definitions of Qualified home purchase
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.
Qualified home purchase means, with respect to a
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.