A closing date will be set on or before 30 days after the auction. The buyer may close any time before this date. A warranty deed is issued to the purchaser at closing. However, the terms of possession will differ if the property is occupied. For example, 30 days after closing may be required for a property that is occupied. If you are purchasing personal property, the property becomes yours immediately upon the Auctioneer saying sold. It is therefore the buyer’s responsibility to make sure their item is protected against theft and paid for in full before leaving the sale.