Possession Day: Utilities, Keys, and the First 48 Hours

The single most common moving day problem in BC has nothing to do with the house. It comes from booking a moving truck for completion day instead of possession day, and then discovering that those are two different things.

Completion and possession are different

Completion is the day the transaction legally closes. Funds move, documents register at the Land Title and Survey Authority, and title transfers to you.

Possession is the day you are entitled to occupy the property and receive keys.

They are commonly set a day apart. That gap exists for practical reasons: registration and the movement of funds take time on the day, and the seller needs time to finish moving out.

So on completion day you may legally own a home you cannot enter. Our closing day guide covers what happens behind the scenes, and the week-by-week timeline shows how the dates sit relative to each other.

Book movers for possession, and confirm the date with your conveyancer rather than working from memory.

Keys

You get keys on the possession date, typically once completion has been confirmed and the release is given. Your agent usually coordinates the handover.

Do not assume a specific hour. Completion sometimes runs late in the day, particularly at month end when everyone in the province is closing at once. Building a moving schedule that assumes 9am access can go wrong.

Utilities, arranged early

Set up transfers to begin on your possession date, and arrange them a week or two ahead rather than the day before.

BC Hydro, natural gas, internet, and municipal utilities each have their own processes and lead times. Internet in particular can require an appointment, and appointments at month end fill up.

One specific risk: sellers sometimes cancel their power a day early. If your account starts a day later than theirs ended, you are unpacking in the dark. Setting your start date to the possession date closes that gap.

Insurance has its own date

Your home insurance needs to be in effect from the completion date, and your lender will require proof of it before funding.

That is earlier than possession and earlier than moving day. Confirm the effective date with your broker rather than assuming coverage begins when you arrive with boxes.

If the home has features that affect insurability, such as older wiring, Poly-B plumbing, or an oil tank, this should have been resolved long before now.

Strata move-in requirements

This catches first-time condo and townhouse buyers regularly.

Many strata corporations require booking the elevator, paying a move-in fee, and moving within defined hours. Some prohibit moves on Sundays or holidays entirely.

Turning up unbooked with a loaded truck on a Saturday morning can mean being turned away. Arrange this weeks ahead. Our guide to strata move-in fees and restrictions covers what to expect and what to ask.

The first things to find

Before you unpack anything, locate three things.

The main water shutoff. The electrical panel. The furnace or heating controls.

Learning where the water shutoff is while water is actively coming out of something is a poor use of your first night in a new home. This takes five minutes and it is the best five minutes you will spend that day.

While you are at it, test the smoke alarms and note where the carbon monoxide detector is if the home has fuel-burning appliances.

Locks and fobs

Changing the locks on a detached home is a reasonable precaution, because you have no way of knowing how many keys exist or who has them.

In a strata, check the bylaws first. Door hardware may be governed by the strata, and fobs and access cards are typically issued and controlled by the building rather than something you replace yourself. Confirm how many fobs you are receiving and whether extras cost money.

The unglamorous list

Mail forwarding. Address changes with your bank, employer, insurer, driver's licence, and the province. Property tax and utility accounts registered in your name.

None of it is interesting and all of it prevents a month of chasing misdirected documents. Our guide to the moving in checklist covers the wider list, and first year owning a condo or townhouse covers the costs that follow.

What to expect financially

Completion is also when the money lands. Our guide to closing costs on a first home covers what you are paying and when, and if you qualify for the Property Transfer Tax first-time buyer exemption, your conveyancer claims it on your behalf.

The first month of ownership is usually more expensive than new owners expect, mostly through small things arriving at once.

The short version

Completion and possession are different days. Book movers for possession, confirm the date with your conveyancer, and do not assume a morning key handover.

Arrange utilities to start on the possession date, weeks ahead. Confirm your insurance effective date with your broker. In a strata, book the elevator and pay the move-in fee well in advance.

When you get in, find the water shutoff, the panel, and the heating controls before you open a single box.

We are agents rather than lawyers or insurance brokers, and none of this is advice on your contract. Your conveyancer confirms your actual dates.

Key takeaways

• Completion transfers title and possession gives you occupancy, and they are commonly a day apart.
• Book movers for the possession date and confirm it with your conveyancer.
• Set utility accounts to start on possession day, arranged a week or two ahead.
• Home insurance must be effective from the completion date, and your lender will require proof.
• Locate the water shutoff, electrical panel, and heating controls before unpacking.

Frequently Asked Questions

What is the difference between completion and possession?

Completion is the day the transaction legally closes, funds move, and title transfers. Possession is the day you are entitled to occupy the property and get keys. They are often set a day apart, which is why booking movers for the wrong one causes problems.

Why are they usually different days?

Completion involves registration and the movement of funds, which takes time on the day. Setting possession for the following day gives that process room to finish and gives the seller time to move out.

When do I actually get keys?

On the possession date, typically once completion has been confirmed and the release is given. Your agent will usually coordinate the handover. Do not assume a specific hour without confirming.

When should I set up utilities?

Arrange transfers to start on the possession date, and do it a week or two ahead rather than the day before. BC Hydro, gas, internet, and municipal utilities each have their own lead times.

What if the previous owner cancels the power early?

That happens occasionally and it is unpleasant in winter. Setting your account to start on the possession date rather than a day later avoids the gap.

Should I change the locks?

It is a reasonable precaution on a detached home, since you cannot know how many keys exist. In a strata, check the bylaws first, since door hardware and fobs may be governed by the strata.

What do I need to do about strata move-in?

Many strata corporations require booking the elevator, paying a move-in fee, and following defined moving hours. Arrange this well ahead, because an unbooked move on a Saturday can be refused.

What should I locate first in the new home?

The main water shutoff, the electrical panel, and the furnace or heating controls. Finding the water shutoff after a leak starts is the wrong time to be learning the layout.

Do I need to tell my insurer?

Your policy needs to be in place effective the completion date, and your lender will require proof. Confirm the effective date with your broker rather than assuming it starts when you move in.

What about mail and address changes?

Set up mail forwarding and update your address with your bank, employer, insurer, and the province. It is unglamorous and it prevents a month of chasing misdirected documents.

Sources

• Land Title and Survey Authority of British Columbia
• Moving & service requests, BC Hydro

Verified September 1, 2026. General information only, not legal advice. Completion and possession dates are set by your contract. Confirm your dates with your BC notary or lawyer.

Related FRIVE guides

• Closing day in BC, what happens behind the scenes
• Moving in checklist, the wider list
• Strata move-in fees and restrictions, booking the elevator
• Closing costs on a first home, what you pay at completion
• First year owning a condo or townhouse, the months after

Next Steps: Work with FRIVE

Possession day goes smoothly when the boring parts were arranged three weeks earlier. It goes badly when the truck is booked, the elevator is not, and BC Hydro needs two business days.

If you are approaching possession and want a sanity check on the sequence, start a conversation with the FRIVE team or browse current Fraser Valley listings.