Closing processes

Home Closing Process When Buying A Home Watch more episodes Mark Weisleder of Real Property Transactions explains the home closing process when buying a home with real estate ag...
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According to PMBOK:

■ Contract Closeout — completion and settlement of the contract, including resolution of any open items.

■ Administrative Closure — generating, gathering, and disseminating information to formalize phase or project completion, including evaluating the project and compiling lessons learned for use in planning future projects or phases.