Minimum time at first time home when using IRA Distribution?

[Joseph Key]

The IRS allows a qualified distribution of at most 10k (for an individual) to go towards the purchase of a house if you are a first time homebuyer. I'm wondering if there is a minimum amount of time the buyer would need to live at the property before selling or moving? Are there penalties for moving before a certain amount of time has elapsed?

Thanks,

-J