The closing day is for the seller, and the pocession day is for the buyer.5 s G9 l1 m& w" T9 O
But they should be the same day in a contract. Normally, on that day, your lawyer will check $ k! P& W' Q) x9 u& l+ m% I" Cthe money. If the money has been transferred from buyer's lawyer trust account to seller's0 s a& v" E% \
lawyer trust account, the seller's lawyer will phone the seller's realor to release the key. ( X3 C& W( r! v$ m# ?
Then the deal is mainly finished. Other small issues still can bother both sides for several 2 |! ]: x+ f/ D4 ^3 m+ r
months or even longer time.