Adjournment Of Closing


Definition of "Adjournment of closing"

Neil Blindauer real estate agent
Neil Blindauer, Real Estate Agent Delex Realty

Act of postponing a closing for another day or place. Adjournments of closing can occur for a variety of reasons including the lack of an appropriate closing statement, one or more parties being unable to be present, or an irregularity in the title report or credit check. If both parties agree to the adjournment, the closing may be rescheduled. In the event of a cancellation, the purchase contract may be jeopardized, dependent in par on the cancellation clause.

 

Need help from a real estate agent?


Buy Sell Rent

I agree to receive FREE real estate advice.

Are you a real estate agent?


Residential Rental Commercial

I agree to receive FREE real estate advice.

Have a question or comment? We're here to help.

 

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Popular Real Estate Questions