Terminology - Real Estate Style
"Closing"
Closing is the final stage of the real estate transaction. The date is agreed upon when both the buyer and seller go under contract on the home. 
On the closing date, the property is legally transferred from the seller to the buyer. 
-Wendy Hyland-Freemantle, Sales Representative
Royale Town & Country Realty Inc. Brokerage
* not intended to solicit *
