First-time homebuyer, defined.

1. Law
2. Nebraska Revised Statutes
3. Money and Financing
4. First-time homebuyer, defined.

58-211.01. First-time homebuyer, defined.

First-time homebuyer shall mean a low-income or moderate-income person who has had no present ownership interest in his or her principal residence at any time during the three-year period ending on the date a mortgage loan financed by the authority is received.

Source

• Laws 1991, LB 253, § 15.

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