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The closing day is for the seller, and the pocession day is for the buyer.( b+ W' f- X3 p- c
But they should be the same day in a contract. Normally, on that day, your lawyer will check
R2 }9 `+ h! X" @3 a; S; ~the money. If the money has been transferred from buyer's lawyer trust account to seller's
0 Z7 i2 C( w' o* D, e- |lawyer trust account, the seller's lawyer will phone the seller's realor to release the key. , U) p3 T7 C) g6 l5 e& x
Then the deal is mainly finished. Other small issues still can bother both sides for several ) d7 ^0 t) h* V* m) O. y
months or even longer time. |
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