🗝️ Understanding Vacant Possession: What Every Seller Needs to Know

When selling a home, one key detail that can cause confusion is vacant possession.

Simply put, vacant possession means that the seller must have the home completely empty and ready for the buyer to move in at the time the deal closes.

It doesn’t matter if the transaction closes at 11:00 a.m., 2:00 p.m., or 4:30 p.m., the property must be vacant by that exact time.

A common misunderstanding involves the 6:00 p.m. clause in agreements. Some sellers assume it gives them extra time to stay in the home. In reality, this clause is only the latest possible deadline to complete the transaction, not permission to linger in the house.

In short: buyers expect the home to be empty and ready for them the moment the sale is finalized.

Planning ahead and ensuring the property is vacant avoids delays, frustration, and potential legal issues.

If you’re preparing to sell, keeping this in mind ensures a smooth, stress-free closing for everyone involved.