The closing day is for the seller, and the pocession day is for the buyer.+ K; n# m2 G5 }6 Q# R$ y/ N6 b
But they should be the same day in a contract. Normally, on that day, your lawyer will check 1 r9 V& w. _2 d- d- y9 |the money. If the money has been transferred from buyer's lawyer trust account to seller's % e2 J0 K1 F/ I3 W" jlawyer trust account, the seller's lawyer will phone the seller's realor to release the key. 0 s7 t$ K$ y4 G9 Z: I
Then the deal is mainly finished. Other small issues still can bother both sides for several + R6 i( G7 f5 q- [! U- c+ h- l
months or even longer time.