Homeprint
Glossary · Buying & selling

What is Possession date?

The possession date is the day you officially take ownership and get the keys to your new home.

Definition

Often the same as closing, the possession date is when the property is legally yours and you can move in. It's negotiated in the agreement and coordinated by your lawyer.

Aligning your possession date with your move and any sale of your current home keeps the transition smooth.

When possession date matters

  • Planning your move-in
  • Coordinating a sale and purchase
  • Scheduling movers and services
With Homeprint

How Homeprint helps with possession date

Homeprint gives your new home a head start — set it up the moment you take possession.

  • Keep every related document in one secure place
  • Track your home's value and finances over time
  • Stay connected with trusted neighbourhood experts

Possession date — FAQ

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