Buyer beware...Residential New Build Agreements typically include an “HST” clause stating that the purchase price includes the net amount of the HST, but NOT the rebate portion of the HST. The clause also states that if the residential unit will be occupied by the original buyer as their principal residence then the builder will take an assignment of the rebate amount from the buyer on closing and the buyer will not be required to pay the rebate amount to the builder. Finally