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The closing day is for the seller, and the pocession day is for the buyer.
; q( d$ O* K: x' D0 ]But they should be the same day in a contract. Normally, on that day, your lawyer will check
& d: L0 a7 N8 W, ^the money. If the money has been transferred from buyer's lawyer trust account to seller's" K- h$ G2 H3 ^
lawyer trust account, the seller's lawyer will phone the seller's realor to release the key. 2 w, T+ a( l# |, V D
Then the deal is mainly finished. Other small issues still can bother both sides for several & U! P9 f1 I/ P- o" \
months or even longer time. |
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