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Completion Date

Definition of term

A completion date is the final day of construction on a new home. The completion date occurs after the final inspections and after issuing the certificate of occupancy. Completion dates are essential to buyers, sellers, and builders alike as they provide a timeline for the end of the project. Sellers need to know when they can expect to receive their proceeds, while buyers need to know when they can take possession of the property. Builders need to know when they can close out the project and move on to their next build.

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