The closing day is for the seller, and the pocession day is for the buyer. 4 m5 y5 ~: H5 f' A) xBut they should be the same day in a contract. Normally, on that day, your lawyer will check 3 i1 v+ `* G! @- K) I4 [' Zthe money. If the money has been transferred from buyer's lawyer trust account to seller's / t- M+ W T9 |* l5 N" l# Y! B1 ulawyer trust account, the seller's lawyer will phone the seller's realor to release the key. / m# b& U: }5 ^5 d$ M$ sThen the deal is mainly finished. Other small issues still can bother both sides for several 3 W) z9 P/ ? A6 J# x. O. ^months or even longer time.