The closing day is for the seller, and the pocession day is for the buyer. ! w! u4 G; a' l$ H- `8 _But they should be the same day in a contract. Normally, on that day, your lawyer will check 8 M7 x; C7 ? x1 nthe money. If the money has been transferred from buyer's lawyer trust account to seller's 6 b) ]6 K4 C; P) `; @: }& T5 D% rlawyer trust account, the seller's lawyer will phone the seller's realor to release the key. # w. B" _( i& c1 lThen the deal is mainly finished. Other small issues still can bother both sides for several : p4 \: z% x9 \months or even longer time.