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The closing day is for the seller, and the pocession day is for the buyer.
% e- D; O& }9 x% x) l. V1 i9 PBut they should be the same day in a contract. Normally, on that day, your lawyer will check 1 Y+ I" N7 q" Y# G' f3 w1 H! j# ?* M
the money. If the money has been transferred from buyer's lawyer trust account to seller's5 y9 Q" j' V! u2 {0 [7 K
lawyer trust account, the seller's lawyer will phone the seller's realor to release the key. , e& N2 f i! W! v {
Then the deal is mainly finished. Other small issues still can bother both sides for several 3 W1 x0 a& G3 O$ T2 g0 a
months or even longer time. |
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