The closing day is for the seller, and the pocession day is for the buyer. ! J6 N7 Q7 Q$ U% LBut they should be the same day in a contract. Normally, on that day, your lawyer will check ( h. _* q0 U( Vthe money. If the money has been transferred from buyer's lawyer trust account to seller's $ b4 q& N* Y; J8 D- Rlawyer trust account, the seller's lawyer will phone the seller's realor to release the key. 9 ~4 `% O/ o3 v- ZThen the deal is mainly finished. Other small issues still can bother both sides for several + t: e0 L/ J7 t8 ?+ x9 Cmonths or even longer time.