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Existing Less Than One Year
FHA Single Family Housing Policy Handbook Glossary November 26 2025
Updated 08-20-2026
Existing Less Than One Year
Existing Less than One Year refers to a Property that is 100 percent complete and has been completed less than one year from the date of the issuance of the Certificate of Occupancy (CO) or equivalent. The Property must have never been occupied.
FHA Single Family Housing Policy Handbook Glossary November 26 2025
p. 16
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