Real Estate Glossary

Close

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Written by Richard Wilson

This is a four stage transaction in the management process, close is the third stage wherein parties are brought together to consummate an agreement. It is an acronym for contingencies, legal instruments, obstacles, signatures, and execution. All of these items are involved in the “close” stage.

This is a four stage transaction in the management process, close is the third stage wherein parties are brought together to consummate an agreement. It is an acronym for contingencies, legal instruments, obstacles, signatures, and execution. All of these items are involved in the “close” stage.

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Richard Wilson

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