"Closing" refers to the meeting where ownership of the
property is legally transferred to the buyer. Your real estate
agent will be present during the closing to help explain the
process and forms to you and make sure everything goes
as planned. By being present during the closing, he or she
can mediate any last minute issues that may arise.
As the seller, you will need to be prepared to give over any
necessary documentation regarding the property and,
depending on the arrangements made during negotiations,
you may be required to have done something specific in
order to close.
Be sure to read all the documents and ask any questions
you may have. It is important that you understand every
document you are signing.