The closing day is for the seller, and the pocession day is for the buyer.% X. M( \6 p/ \( ]6 S4 g* {: c' c" V
But they should be the same day in a contract. Normally, on that day, your lawyer will check 3 o' N1 `2 t! Dthe money. If the money has been transferred from buyer's lawyer trust account to seller's0 V B A3 n% M+ Q
lawyer trust account, the seller's lawyer will phone the seller's realor to release the key. 1 C! e& j( K# d; J5 |% K0 e+ r
Then the deal is mainly finished. Other small issues still can bother both sides for several " ?/ k/ C2 }7 ?; f0 w' z9 {
months or even longer time.