The exchange of contracts and the completion of your sale and/or purchase are two very important, but different, stages of your conveyancing process. They take place roughly one week apart from each other, but can occur a few days before or even simultaneously. Together, they form a legally binding agreement between the buyer and seller of a home. Particularly as a first-time buyer, you may not fully understand what the “exchange” and “completion” terms mean or what they incl