§9.6 - Closing

• Jurisdiction: Washington

§9.6 CLOSING

The purchase agreement must spell out the timing and mechanics of the closing of the sale. It should provide for a specific time when the sale will be closed (see Section 7 of Form 9-1, included on the CD accompanying this deskbook). The time of closing does not have to be a date certain, but can be a time period following a certain event, such as the expiration of the buyer's feasibility study period or the satisfaction of certain conditions to closing, as long as the date can be...