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The closing day is for the seller, and the pocession day is for the buyer.
; v/ E2 A( T1 k! J. I, ]But they should be the same day in a contract. Normally, on that day, your lawyer will check 9 o9 K1 {7 b/ c" p$ N
the money. If the money has been transferred from buyer's lawyer trust account to seller's
. n3 z8 A: F1 x: G( clawyer trust account, the seller's lawyer will phone the seller's realor to release the key. & } q4 y# U0 J! D9 z# L
Then the deal is mainly finished. Other small issues still can bother both sides for several
: p7 _" d, X! h( Z( Q$ m Smonths or even longer time. |
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