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From memory, the GST legislation requires that the vendor pay the GST on residential property as the price is GST inclusive though perfectly fine for commercial premises. The insertion of such clause may be contrary to the legislation and void. Have your solicitor strike it out.

If I am reading the clause correctly, it is the Purchaser ie. you (in the contract) warranting/claiming that the property is not new. The end use of the house makes no difference as to whether GST is payable or not on top of the sale price, save that the vendor should also be passing on the...