Closing refers to multiple contexts related to financial and business operations, computing, and everyday actions. These contexts could include the financial market activities, accounting procedures, concluding agreements, and computing functions.
Closing encompasses the completion of a transaction involving real estate or the final steps in accounting at the end of a fiscal period.
A Limited Occupancy Agreement allows a prospective buyer to take possession of real estate before official closing and transfer of ownership.
In various contexts, the term 'settlement' refers to different but related processes involving the distribution, resolution, or agreement on various matters such as estates, legal disputes, or real estate transactions.
