US
Closing
Closing is the US day when the purchase is funded, documents are signed and the buyer becomes the owner. British English calls the equivalent day completion. The paperwork is not the same.
Also called Settlement.
Keys and funds
Keys follow the local custom and the contract, which may be when the deed records, not when the buyer would like to unload the truck. Tell people the time the title company or attorney has confirmed.
Closing disclosure
Lenders provide a closing disclosure before closing. The agent does not rewrite it. If a client asks what a line means, send them to the lender or the closing agent.
Questions
What does Closing mean?
Closing is the US day when the purchase is funded, documents are signed and the buyer becomes the owner. British English calls the equivalent day completion. The paperwork is not the same.
General information for agency staff, not legal advice. Rules and local practice change. Check the official source before you rely on a definition in a client letter.