Foreclosure in Brockton>Question Details

Bangufogo, Home Buyer in Brockton, MA

If I close today , when do I get the Key?

Asked by Bangufogo, Brockton, MA Thu Dec 11, 2008

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If, by "closing" you mean that your deed was recorded, then you should currently have keys jingling away in your hand.
0 votes Thank Flag Link Thu Dec 11, 2008
Often times you get the keys at the closing. But technically, you should get the keys when the new deed (with you as the new owner) is recorded at the Registry of Deeds (of the county in which you bought your new house) - which can be an hour to a day after the closing. Hope that helps.

Lisa Williams
0 votes Thank Flag Link Thu Dec 11, 2008
That depends entirely on what was written into your contract. Typically keys change hands at the closing, and the buyer takes possession... but the seller is sometimes given the balance of the day to be "out".

If the seller required a "rent back" (I get to stay here for two weeks after closing, and in return I pay you $500/week), that would have to have been written into your contract.

Check the contract, and/or with your Realtor or Attorney.
0 votes Thank Flag Link Thu Dec 11, 2008
Alan May, Real Estate Pro in Evanston, IL
Check with your realtor whether the seller needs rent back or not. Usually, you get the keys when the escrow closes.
0 votes Thank Flag Link Thu Dec 11, 2008
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