What is possession day and what should I expect?
Quick Answer
Short answer: Possession day is when you get keys and legal occupancy; expect a final walk-through, key handover, and utility transfers.
Detailed Explanation
Possession day transfers physical control of the property, typically at 12:00 PM or 6:00 PM as stated in the contract. Your REALTOR® conducts a final walk-through to ensure the property condition matches the purchase agreement and that agreed-upon items remain.
After confirmation, keys and garage door openers are released. You should have already arranged utilities, insurance activation, and moving logistics.
- Take photos during walk-through to document condition
- Test major systems (furnace, water, electrical panel)
- Confirm agreed-upon chattels (appliances, fixtures) are present
Disclaimer: This page is for general information only and does not constitute legal, financial, or real estate advice. Always verify details with a licensed Alberta REALTOR®, mortgage professional, or lawyer before making decisions. Buy in Edmonton assumes no liability for actions taken based on this content.
Tim Grover, RE/MAX Excellence • 780-288-5144 • 5607 199 Street NW, Edmonton, AB
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