The closing day is for the seller, and the pocession day is for the buyer. ; ]$ m1 }1 A2 Z$ y9 yBut they should be the same day in a contract. Normally, on that day, your lawyer will check & w9 ~9 b2 Y4 Ythe money. If the money has been transferred from buyer's lawyer trust account to seller's; P6 R7 r9 g9 U8 O
lawyer trust account, the seller's lawyer will phone the seller's realor to release the key. $ H1 D) a* n& J* ^Then the deal is mainly finished. Other small issues still can bother both sides for several : y) n8 u" Y$ M1 |# N
months or even longer time.