What happens after possession day in Alberta
Getting the keys to your new home is an exciting milestone. Possession day finally arrives, you hold those keys in your hand, and it all feels real. But what actually happens next? Many buyers think the process is over once possession day comes and goes, but there are still a few important steps to take after you officially take ownership of your home in Alberta.
Here’s a clear breakdown of what to expect and what to do once you get your keys.
- Possession Day vs. Title Transfer (They’re Not Always the Same)
In Alberta, possession day and the day your name is officially registered on title are often different dates. Possession day is when you receive the keys and can move into the home. Title transfer usually happens through your lawyer, often shortly after possession.
Even if you have the keys, your lawyer still completes final steps behind the scenes, including:
- Registering the transfer of title
- Paying out the seller’s mortgage
- Finalizing your mortgage with your lender
This is normal and doesn’t impact your ability to move in, but it’s helpful to understand that the legal side continues briefly after possession.
- Do a Walk-Through Right Away
As soon as you receive the keys, it’s smart to walk through the home before moving anything in. This gives you a chance to:
- Confirm the property is in the condition agreed upon
- Make sure included items (appliances, fixtures, etc.) are still there
- Check that the home is vacant and free of the seller’s belongings
- Test lights, faucets, toilets, and appliances
If something is off, contact your real estate professional right away. Small issues can sometimes be resolved quickly when addressed immediately.
- Set Up Your Utilities & Services
Ideally, utilities should already be scheduled to switch into your name on possession day. In Alberta, this typically includes:
- Electricity
- Natural gas
- Water & sewer (through the municipality)
- Garbage and recycling services
- Internet and cable
If anything was missed, arrange these right away to avoid interruptions. It’s also a good time to update your address with service providers, subscriptions, and important accounts.
- Change the Locks for Peace of Mind
Even if the seller seems trustworthy, you don’t know who may still have a copy of the old keys — previous tenants, cleaners, contractors, or family members.
Changing the locks is a simple and affordable way to protect your new investment and give yourself peace of mind. Some buyers also choose to reprogram garage door openers and smart locks at the same time.
- Review Your Property Taxes & Insurance
In Alberta, property taxes may be handled differently depending on whether the home is in a municipality that uses a tax installment plan or not. Your lawyer’s statement of adjustments will outline what has been prepaid by the seller and what you’ll owe going forward.
Make sure:
- Your homeowner’s insurance is active as of possession day
- You understand when your first property tax payment is due
- You’re set up for any monthly or annual payment plans
This avoids surprises down the road.
- Expect a Few “First-Week” Discoveries
No matter how thorough the inspection was, it’s common to notice small things once you start living in the home. This could include:
- A sticky door
- A loose handle
- A dripping faucet
- A furnace filter that needs replacing
This is normal. New homes and resale homes alike come with a short “getting to know your house” phase. Creating a simple to-do list during your first week can help you tackle these items without feeling overwhelmed.
- Get to Know Your New Home
Once you’re settled, take some time to locate and understand:
- The main water shutoff
- Electrical panel
- Furnace and thermostat
- Hot water tank
- Sump pump (if applicable)
Knowing where these are — and how they work — can save you a lot of stress in an emergency.
- Meet the Neighbours & Explore the Area
Possession day is about more than just the house! It’s about your new community. Take a walk, say hello to neighbours, and explore nearby amenities like parks, schools, and shops. Feeling connected to your neighbourhood helps your new house truly feel like home.
- Keep Your Paperwork Organized
After possession, you’ll receive final documents from your lawyer, lender, and real estate professional. Keep these in one place, including:
- Purchase contract
- Mortgage documents
- Title confirmation
- Home inspection report
- Appliance manuals and warranties
Having everything organized makes future refinancing, selling, or renovations much easier.
- Enjoy the Moment
Finally — take a moment to appreciate what you’ve accomplished. Buying a home is a major milestone, whether it’s your first place or your fifth. Possession day is the start of your next chapter, and it’s okay to slow down, celebrate, and enjoy the feeling of walking into a home that’s officially yours.
Final Thoughts
Getting the keys is a huge milestone, but it’s really the beginning of your homeownership journey. A little preparation after possession day goes a long way in helping your transition feel smooth, stress-free, and exciting.
If you’re ever unsure about what comes next after possession, whether it’s utilities, timelines, or next steps — reach out to a knowledgeable local real estate professional who can guide you through the process in Alberta.