The closing day is for the seller, and the pocession day is for the buyer.2 G% d7 Y' u% C& d2 u
But they should be the same day in a contract. Normally, on that day, your lawyer will check $ Q/ W! p% z- Q* L# @! N0 ~2 tthe money. If the money has been transferred from buyer's lawyer trust account to seller's % k5 W1 U. i$ Blawyer trust account, the seller's lawyer will phone the seller's realor to release the key. % l) K8 n- {( ^9 ~) A% W
Then the deal is mainly finished. Other small issues still can bother both sides for several 3 ]) |' x& ]/ o9 c! Cmonths or even longer time.