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The closing day is for the seller, and the pocession day is for the buyer.1 K# v/ ]& |: L" U, M& v" W" c
But they should be the same day in a contract. Normally, on that day, your lawyer will check
( Y7 s1 f6 L- y. A5 M% D9 i' I3 Wthe money. If the money has been transferred from buyer's lawyer trust account to seller's
' c) M5 r& m1 Y8 R4 \lawyer trust account, the seller's lawyer will phone the seller's realor to release the key.
& [9 k* C; y" e1 {( O& hThen the deal is mainly finished. Other small issues still can bother both sides for several
& x4 T- x1 A9 ^) hmonths or even longer time. |
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