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Will the timing changes impact when my real estate transaction can close?

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Consummation is the day the borrower becomes legally obligated under the loan, which would be the date of signing, even if the loan has a rescission period. It is important to note the definition of consummation can be different than the closing date as defined in the purchase agreement where the buyer becomes contractually obligated to a seller on a real estate transaction.



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Norman, Oklahoma is home to Cleveland County Abstract, one of Fidelity National Title Group’s most dynamic title brands and real estate teams. Cleveland County Abstract & Title Company, LLC specializes in Abstracting, Title Insurance, Closings, Title Reports, Ownerships and more. Our Oklahoma-based professionals work in all facets of the real estate industry, providing best-in-class real estate services to buyers and sellers in the area, as well as the real estate professionals, lenders, builders and attorneys that work alongside them.

Serving the community since 1899 we are the only locally owned and operated as well as the oldest and most respected abstract firm in Cleveland County. We invite you to use our website as a tool for information about the services we provide, e-mail links to our staff, contact information, and our online service request form.

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