when to hand over keys when selling house
If you are the buyer you do not have to pick up the keys on completion day but if it is a private sale it would be advisable to do so. I think that moment of handing over keys is when everything is signed and sealed.
Handover Of Keys Young Woman Smiling Holding Keys Sponsored Paid Affiliate Keys Holding Smiling Real Estate Tips Real Estate Guide Selling House
Neither buyer nor seller can legally change their minds after exchange of contracts.
. You should go around the property before you complete ensuring that everything that was on the fixtures and fittings inventory list is still in the property. You dont hand over the keys until you complete. Until then both of you can change your minds so make sure you are still in complete control.
This is a good time to organise your move and get removals quotes and organise your removals company if you are using one. Thats why everyone breathers a sigh of relief when it happens. Seller has to vacate property and hand over the keys to the Estate Agent or you if private sale on day of completion.
You should NEVER hand over the keys to your property before you sign on the dotted line of a sales deed witnessed by a Public Notary and are handed a big fat bankers draft for the full sales price. On completion day On completion day you will hand over the keys. If they want to post the keys they can post them once you complete and if that means the buyer gets them a day late then thats their issue.
Although incredibly rare and expensive something could still go wrong if the completion hasnt happened.