The closing day is for the seller, and the pocession day is for the buyer.) T: s/ [8 H% p3 a* w1 K
But they should be the same day in a contract. Normally, on that day, your lawyer will check " ^! T& ]. p0 x3 q
the money. If the money has been transferred from buyer's lawyer trust account to seller's8 q' w9 `1 J8 G! G. p& ?: m
lawyer trust account, the seller's lawyer will phone the seller's realor to release the key. 8 L8 e' m* L9 |" l
Then the deal is mainly finished. Other small issues still can bother both sides for several 9 X; J7 i' R5 y2 P) n
months or even longer time.