Humber/Ontario Real Estate Course 3 Exam Practice

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Which item normally includes HST in relation to resale homes?

  1. a legal opinion

  2. a mortgage setup

  3. a new construction home

  4. a real estate commission

  5. determining a sale price

  6. the resale home itself

The correct answer is: a real estate commission

In the context of resale homes, the item that normally includes HST is a real estate commission. When a real estate agent helps in facilitating the sale of a resale home, they typically charge a commission for their services. This commission is a taxable service, and therefore, the Harmonized Sales Tax (HST) is applicable on the commission fee. This is why option D is the correct choice in this scenario. Options A, B, C, E, and F do not normally include HST in relation to resale homes. A legal opinion, mortgage setup, determining a sale price, and the resale home itself are not typically subject to HST in the context of resale homes. Construction of a new home may involve HST, but in this question, we are specifically focusing on resale homes, not new construction homes.

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