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With respect to the Closing Date, real estate contracts typically state that the transaction will occur “on or before” a date certain; however, it is extremely rare that the closing takes place on or before the date listed in the contract.
To ease the stress of an already stressful situation, we advise clients to try to be flexible with the closing date, within reason, of course.
It’s best not to schedule movers, tell a landlord you’re moving out or arrange for your children to switch schools until the closing is actually scheduled with your attorney’s office.
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It creates a domino effect that can usually take more than 30 days, which is the typical amount of time allotted in a real estate contract for this task.