In the event that a buyer has been qualified as a contractor by the CRA, what would that mean? Using the figures in Example 1, the property was purchased for 310,000 $US and allocated for 350,000 $US. The aid recipient should award the property for an additional gain of USD 40,000 plus 13% HST (USD 5,200). Assignors often do not charge additional HST, which means that the $40,000 win is considered HST included, so the attorney must pay an amount of $4600 to the CRA, which reduces the takeaway win to $35,400. HST applies to all real estate commissions due in a sale transaction. The assignment of a contract of sale for a new house may depend on the agreement of the contracting authority with whom the first buyer initially concluded the contract for the construction and sale of the new house. The contract may list the conditions related to the right of the first buyer to assign the contract to a buyer and, in many cases, the contracting authority charges the first buyer a royalty for the assignment of the contract to another person. All relevant factors related to the conclusion of a contract of sale should be taken into account in determining the main purpose of a person`s acquisition of a stake in a new home. In this case, the buyer and the client must sign a builder`s GST190, GST/HST New Housing Rebate Application for Houses Purchase form, and the builder must send the form to the Canada Revenue Agency (CRA). As the buyer receives the amount of the discount from the client, the client can claim the amount in credit on his net tax if he files his GST / HST tax return. If a person has entered into a purchase and sale contract with a contracting authority for the construction and sale of a new home, the person may be entitled to assign his or her rights and obligations under the contract to another person (an assignee). As a general rule, the assignment has the consequence that the contract of sale is then concluded between the contracting authority and the assignee. . .