A “first-time District homebuyer” is defined as an individual purchaser who has never owned eligible property as the individual’s principal residence. D.C. Official Code § 42-1101(16). The term also includes an individual who has divorced or separated and who, by a written settlement agreement or court order, did not obtain an ownership interest in a principal residence that had previously been jointly owned. In order for a deed to qualify for the reduced rate, each grantee named in the deed must be a first-time District homebuyer.
As a first-time District homebuyer, in order to qualify for the recordation tax reduction, the household income must not exceed the following thresholds:
|Persons in Household||Household Income Limits|
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