The closing day is for the seller, and the pocession day is for the buyer.' y$ q$ ]# x/ U6 p. `
But they should be the same day in a contract. Normally, on that day, your lawyer will check " v# j. l; u! |
the money. If the money has been transferred from buyer's lawyer trust account to seller's2 y0 N; s' {7 f; t5 L
lawyer trust account, the seller's lawyer will phone the seller's realor to release the key. 8 F3 K" U0 m6 o7 P/ a7 Y
Then the deal is mainly finished. Other small issues still can bother both sides for several 2 K( j/ C6 t- b& K" R- X
months or even longer time.