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The closing day is for the seller, and the pocession day is for the buyer.
. c' S8 o$ C; e$ m q. KBut they should be the same day in a contract. Normally, on that day, your lawyer will check ( G* {) g1 O) \4 a0 K9 k
the money. If the money has been transferred from buyer's lawyer trust account to seller's+ c) g+ z" Y* F
lawyer trust account, the seller's lawyer will phone the seller's realor to release the key.
0 Z) v$ I5 [- C( N, @' S/ oThen the deal is mainly finished. Other small issues still can bother both sides for several 7 D& m/ \8 n; @& ^
months or even longer time. |
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