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Execution gap risk happens when you legally own a property at closing but can't actually control it. You're responsible for what happens on the property even though someone else still runs things there.

Execution gap risk happens when you legally own a property at closing but can't actually control it. You're responsible for what happens on the property even though someone else still runs things there.
This is execution gap risk. It occurs when ownership transfers but control does not. The buyer now carries responsibility for the property before controlling what happens in the property. That is the shift. The issue is not that the seller stays after closing. The issue is that the buyer's legal position and practical position no longer match. The buyer owns the property. Someone else still controls the property.