What is another name for face to face closing?

The term "face to face closing" is commonly referred to as "passing papers" because it entails the direct, in-person exchange of important documents necessary to complete a real estate transaction. During this process, buyers and sellers meet to review and sign legal documents, facilitating the transfer of property. The interaction allows for questions to be addressed immediately, ensuring that all parties understand the terms and conditions.

While "document validation," "signing ceremony," and "final settlement" are related concepts, they do not encapsulate the personal, hands-on nature of the closing process in the same way that "passing papers" does. Document validation may focus more on confirming details before the transaction, while a signing ceremony is typically a more formal event that may not happen in every real estate transaction. Final settlement refers broadly to the concluding stage of a transaction but does not emphasize the direct interaction between parties. Hence, "passing papers" accurately summarizes the essence of face-to-face closings.