The term completion date means, with respect to a transaction, the earliest date upon which the purchase, lease, or concession is made legally effective, or a change in rights that could result in a covered real estate transaction occurs.
Note 1 to § 802.205:
See § 802.304 regarding the timing rule for a contingent equity interest.
source: 85 FR 3166, Jan. 17, 2020, unless otherwise noted.
cite as: 31 CFR 802.205