Legal Definition and Related Resources of Closing

The completion of a transaction . In real estate law, the execution of the contract of sale.

Browse or run a search for Closing in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Closing in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Closing in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Closing in the Legal Abbreviations and Acronyms Dictionary.

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Mentioned in these terms

Ending Balance Method, .

See also

See closing title (in U.S. law) …. (Read more)

Concept of Closing in the context of Real Property

Alternatives definitions of Closing: (1) In real estate sales, the final procedure in which documents are executed and/or recorded, and the sale (or loan) is completed. (2) A selling term meaning the point at which the client or customer is asked to agree to the sale or purchase and sign the contract. (3) The final call in a metes and bounds legal description which “closes” the boundaries of the property.

Concept of Closing in the context of Real Property

Alternatives definitions of Closing: (1) In real estate sales, the final procedure in which documents are executed and/or recorded, and the sale (or loan) is completed. (2) A selling term meaning the point at which the client or customer is asked to agree to the sale or purchase and sign the contract. (3) The final call in a metes and bounds legal description which “closes” the boundaries of the property.