What conditions must I meet after getting the First Home Grant?

Short answer: Live in the home for 6 months minimum. Cannot rent it out. May have to repay if you sell early.

What this actually means in plain English

You must live in the home for at least 6 months. You cannot rent it out. If you sell within 6 months, you might have to pay the grant back. If you bought with a partner and you split up, special rules apply. Keep all your paperwork.

Key Facts

Minimum occupancy: 6 months
Cannot be used as a rental investment
Early sale may require grant repayment
Relationship breakups have special provisions

Example

Grant Amount: $5,000

Occupancy Required: 6 months

Sell After: 3 months

Result: May need to repay $5,000

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