Preclosing

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August 25, 2024 3 min read Definitions
Preclosing: Rehearsal of the Closing Process
Real Estate Banking Preclosing Contract Preparation Closing Process Real Estate Transactions Legal Instruments
Preclosing is a rehearsal of the closing process, where instruments are prepared and signed by some or all parties to the contract. It is often used when closings are expected to be complicated.
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