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The closing day is for the seller, and the pocession day is for the buyer.
! N# _2 Z& U, Q" e5 p2 lBut they should be the same day in a contract. Normally, on that day, your lawyer will check
, ^" ^; b+ m4 u5 _: gthe money. If the money has been transferred from buyer's lawyer trust account to seller's6 }0 N9 g5 z8 |1 T
lawyer trust account, the seller's lawyer will phone the seller's realor to release the key.
, c- T! B& |4 N" H# T# jThen the deal is mainly finished. Other small issues still can bother both sides for several
5 d+ p6 a7 o2 f" |+ Vmonths or even longer time. |
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