The closing day is for the seller, and the pocession day is for the buyer. + q( ~4 X# |$ @/ p& kBut they should be the same day in a contract. Normally, on that day, your lawyer will check ! u. I* b' o6 n2 @" R1 u2 ]7 e
the money. If the money has been transferred from buyer's lawyer trust account to seller's : Z6 X$ [6 M; |' }; h3 ]; Qlawyer trust account, the seller's lawyer will phone the seller's realor to release the key. % f' o- S8 r( Z: [% R3 C1 C
Then the deal is mainly finished. Other small issues still can bother both sides for several ( c2 M/ o! K6 Lmonths or even longer time.