The closing day is for the seller, and the pocession day is for the buyer.; K3 [' _/ F" q! w" x
But they should be the same day in a contract. Normally, on that day, your lawyer will check 6 L; F' z. G) f6 c1 E2 I
the money. If the money has been transferred from buyer's lawyer trust account to seller's3 l& o/ m; a$ v0 o! R: `
lawyer trust account, the seller's lawyer will phone the seller's realor to release the key. ! F( E: A6 w) P( K! y2 v |
Then the deal is mainly finished. Other small issues still can bother both sides for several $ c+ p% t5 Y) P: q7 P9 ?months or even longer time.