Tag Archives: Vacant Possession

Vacant Possession: The “TIMING”

This is a simple question and sometimes gives rise to significant problems. The general advice given by lawyers traditionally has been that vacant possession must be given by the “actual time of closing”.

The problem is that people just don’t leave. They are often in the process of moving out, but they’re not quite out. An experienced purchaser will know this, and leave a day’s grace, so that there will be no conflict. Continue reading Vacant Possession: The “TIMING”