The closing day is for the seller, and the pocession day is for the buyer.& F+ W- W; Q# u$ z$ p$ v P
But they should be the same day in a contract. Normally, on that day, your lawyer will check $ A$ e( F& i# D& a h0 w c; Dthe money. If the money has been transferred from buyer's lawyer trust account to seller's' G* r4 W6 G- V6 z) {/ V
lawyer trust account, the seller's lawyer will phone the seller's realor to release the key. $ U) [+ o: t- h6 \- ZThen the deal is mainly finished. Other small issues still can bother both sides for several ; C$ l2 z8 x% m3 ]+ o# o
months or even longer time.