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The closing day is for the seller, and the pocession day is for the buyer.
4 X- r3 } v' B, lBut they should be the same day in a contract. Normally, on that day, your lawyer will check
* ^8 N' H$ m2 k; ?* O4 Jthe money. If the money has been transferred from buyer's lawyer trust account to seller's" m4 D! P0 L- M/ Z% ~6 t2 q2 O
lawyer trust account, the seller's lawyer will phone the seller's realor to release the key. + z }+ u( V. j) q: ?, ~: x3 `
Then the deal is mainly finished. Other small issues still can bother both sides for several 2 ^+ f( t6 T. ?4 A
months or even longer time. |
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