evening all,
sorry if this question has been asked before... but i have a quick query as regards legal ownership of a house. at what stage is the house "ours" ? we have a closing date on the contracts that we signed last friday week that stated the sale closed on the 26th (this friday coming).
it was our understanding that this meant we would sign off the last few bits of paper, and would be presented with the keys.
is the closing date the official handover of the property, or is it just a legal term used to signify a final date at which all finances must be in order?
thanks,
d.
sorry if this question has been asked before... but i have a quick query as regards legal ownership of a house. at what stage is the house "ours" ? we have a closing date on the contracts that we signed last friday week that stated the sale closed on the 26th (this friday coming).
it was our understanding that this meant we would sign off the last few bits of paper, and would be presented with the keys.
is the closing date the official handover of the property, or is it just a legal term used to signify a final date at which all finances must be in order?
thanks,
d.