Talk:Closing (real estate)

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Revisions to this article[edit]

The revision which I have made are based on the following: I spent about 20 years in real estate, was licenced in two Eastern states, and have bought property in a third (in the West). I was assistant manager, manager, and then co-owner of a brokerage, as well as listing and selling $6 to $14 million in real estate annually. I held CRS, GRI, ePro, and ABR designations. --Vivaverdi 22:19, 17 June 2006 (UTC)

Thanks! I could use information on settlement companies. --Amit 02:03, 10 July 2006 (UTC)

Ownership transfers on deliver of the deed, not recording[edit]

The article said in most jurisdictions, ownership officially transfers when someone records the deed. I believe this is not true and that in most jurisdictions, ownership transfers when a deed from the seller is delivered to the buyer. Recording the deed is optional and only serves to protect the buyer against another buyer who should buy the same property from the seller without knowing it had already been sold. I changed the article. Bryan Henderson (talk) 02:44, 21 April 2011 (UTC)

ealty purchase.[edit]

Please verify the documents!!! — Preceding unsigned comment added by (talk) 23:15, 10 May 2012 (UTC)

Timing of closing ceremonies[edit]

In my experience, closings are invariably held first thing in the morning. Is this by custom, or could it be that property is officially transferred, not at the moment the papers are signed, but as of noon on the day? Is this an example of the official start to the day being noon, not midnight? — Preceding unsigned comment added by (talk) 22:35, 2 September 2013 (UTC)