In short, IF the other person got an email from the current registrar, and IF that registrar has an

In short, IF the other person got an email from the current registrar, and IF that registrar has an option for them to release the domain immediately, they can do that to finalize the process. Otherwise, give it about a week. If you don't have access to that registrar's account, you could search up for questions others had with said registrar on transferring domains from them and what to expect.
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