
The point at which contracts have been exchanged and legal transfer of the property from the seller to the buyer is finalised. The buyer can take possession of the property from this day.
Found on
http://www.encyclo.co.uk/local/20452

The day on which the deals are concluded and monies change hands and when everyone can move.
Found on
http://www.encyclo.co.uk/local/21468

The day on which a buyer is legally liable to complete a purchase and the owner (vendor) is legally liable to sell.
Found on
https://www.encyclo.co.uk/local/21589
No exact match found.