The closing day is for the seller, and the pocession day is for the buyer.( z7 E( a9 `+ P' w$ `' `& z+ w! g
But they should be the same day in a contract. Normally, on that day, your lawyer will check 1 E! x. ^( c }- r1 M4 f
the money. If the money has been transferred from buyer's lawyer trust account to seller's% b: j' x3 C O9 L$ `
lawyer trust account, the seller's lawyer will phone the seller's realor to release the key. 9 X$ U& N9 [; S7 T( Q6 N+ o3 Z+ ]9 d2 UThen the deal is mainly finished. Other small issues still can bother both sides for several 6 [7 Y7 B1 R; V8 e0 [2 g! N& N
months or even longer time.