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The closing day is for the seller, and the pocession day is for the buyer.( T: ~1 e; G, [ ?# u
But they should be the same day in a contract. Normally, on that day, your lawyer will check
+ S2 g3 I! @" X. R" d6 D' p, Pthe money. If the money has been transferred from buyer's lawyer trust account to seller's
) q. U- c2 b8 E5 ]lawyer trust account, the seller's lawyer will phone the seller's realor to release the key. ' q9 a3 K# q7 V( c: \8 e; F
Then the deal is mainly finished. Other small issues still can bother both sides for several # D* R: B+ c) o4 ]- Z
months or even longer time. |
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