In plain English
This is the officially set day when control of a property changes hands. It marks the formal point when the party giving possession over passes it to the buyer, tenant, or other new occupant.
In context
Here, it names the field for the date chosen as the formal transfer point for possession of the property.
- Situation
- Managing move-in, move-out, inventory, keys, deposits, and condition reports
- What it communicates
- names the field for the date set for returning keys or possession.
Meaning limits
The term itself identifies only that formal transfer date and does not by itself state the specific parties or any surrounding arrangements.
Examples
“The handover date was 15 September, when the buyers would officially take possession of the flat.”
“After the landlord postponed the move, the clerk changed the handover date in the tenancy record to 1 October.”