Sec. 2306.1071. DEFINITIONS. In this subchapter:
Text of subdivision as added by Acts 2007, 80th Leg., R.S., Ch. 1341 (S.B. 1908), Sec. 2
(1) "First-time homebuyer" means a person who has not owned a home during the three years preceding the date on which an application under this subchapter is filed.
Text of subdivision as added by Acts 2007, 80th Leg., R.S., Ch. 1029 (H.B. 1637), Sec. 1
(1) "First-time homebuyer" means a person who:
(A) resides in this state on the date on which an application is filed; and
(B) has not owned a home during the three years preceding the date on which an application under this subchapter is filed.
(2) "Home" means a dwelling in this state in which a first-time homebuyer intends to reside as the homebuyer's principal residence.
(3) "Mortgage lender" has the meaning assigned by Section 2306.004.
(4) "Program" means the Texas First-Time Homebuyer Program.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 1029 (H.B. 1637), Sec. 1, eff. September 1, 2007.
Added by Acts 2007, 80th Leg., R.S., Ch. 1029 (H.B. 1637), Sec. 1, eff. September 1, 2007.
Added by Acts 2007, 80th Leg., R.S., Ch. 1341 (S.B. 1908), Sec. 2, eff. September 1, 2007.