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The closing day is for the seller, and the pocession day is for the buyer.
$ V0 W/ p7 C% x* E( @But they should be the same day in a contract. Normally, on that day, your lawyer will check
+ `9 O Y/ }% O* s$ ^; d1 v0 ithe money. If the money has been transferred from buyer's lawyer trust account to seller's
0 [8 V4 A* A1 ]7 n7 jlawyer trust account, the seller's lawyer will phone the seller's realor to release the key. 5 A& b9 R+ e1 z! R' U; E
Then the deal is mainly finished. Other small issues still can bother both sides for several
" C, m) I* u8 L6 C& pmonths or even longer time. |
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