Statute · California Health and Safety Code

Cal. Health & Safety Code § 50068.5 — Definitions

Cal. Health & Safety Code § 50068.5

Type
Statute
Source
California Health and Safety Code
Jurisdiction
California
Date
1982-06-29
Current through
Nov 2, 2026 (California Legislative Counsel)

“First-time home buyer” means a person who is a purchaser of an owner-occupied housing unit and who neither has, nor has had, a present ownership in a principal residence at any time during the three-year period prior to the date on which the mortgage pursuant to this division is executed,…

Citator

Cal. Health & Safety Code § 50068.5 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

“First-time home buyer” means a person who is a purchaser of an owner-occupied housing unit and who neither has, nor has had, a present ownership in a principal residence at any time during the three-year period prior to the date on which the mortgage pursuant to this division is executed, except that this limitation shall not apply to a purchaser of a principal residence in a targeted area.