The closing day is for the seller, and the pocession day is for the buyer.8 Q: W0 g5 Q: B) @- m3 J" |
But they should be the same day in a contract. Normally, on that day, your lawyer will check 0 O! d S- o) E2 c
the money. If the money has been transferred from buyer's lawyer trust account to seller's$ i- U* X9 J: y5 _7 u
lawyer trust account, the seller's lawyer will phone the seller's realor to release the key. ( o: i2 [ ?8 H* @6 |Then the deal is mainly finished. Other small issues still can bother both sides for several " }% W9 o' P3 X- E5 ]
months or even longer time.