STATE OF NORTH CAROLINA COUNTY OF FREE TRADER AGREEMENTS FREE TRADER AGREEMENT, made and entered into this day of , 2020, by and between (herein called Wife), and (herein called Husband).

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How to fill out the NC Free Trader Agreement online

The NC Free Trader Agreement is a vital document for couples who wish to allow each other to manage property independently after separation. This guide provides a clear and supportive walkthrough for filling out this agreement online, ensuring you understand each component of the form.

Follow the steps to complete the NC Free Trader Agreement online:

  1. Click the ‘Get Form’ button to access the NC Free Trader Agreement document and open it in the online editor.
  2. Begin by entering the current date in the blank space provided. This should be the date on which you are completing the agreement.
  3. Fill in the names of the parties involved in the agreement. Replace the placeholders 'Wife' and 'Husband' with the respective names, ensuring accuracy.
  4. Indicate the date of marriage in the appropriate space to establish the timeline of the relationship.
  5. Specify the separation date in the designated space to clarify the intention to remain separate.
  6. Review the sections where each party relinquishes their rights to property acquired after the separation. Ensure both parties understand and agree with the terms outlined.
  7. Each party should sign and date the document where indicated, ensuring that it is done in front of a notary public.
  8. Lastly, save your changes, and choose to download, print, or share the completed NC Free Trader Agreement as needed.

Take the first step toward completing your NC Free Trader Agreement online today.

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Does a free trader agreement need to be recorded in NC?

If you do not have a recorded, or are able to record a Free Trader Agreement, this can be very problematic as North Carolina requires a waiting period of 12 months from the date of separation until a party may file for divorce.

State Filing Fees In North Carolina, the cost of filing for an absolute, or simple divorce, is $225. This does not include serving the other party with papers, which is $30, and, if you choose to return to your maiden name, this is an additional $10 fee.

Unfortunately, there is no legal way to avoid this divorce requirement in North Carolina, though there may be exceptions. Some choose to falsely claim that they had been separated for one year on their divorce complaint just to get divorced as soon as possible. However, it is not advised to do that.

How long does a divorce take in NC? Once the divorce is served to your spouse, there is a 30 day waiting period before the divorce can be finalized. In general, it takes at least 45-90 days to get divorced.

Essentially a free trader agreement enables a person who is legally separated from their spouse to purchase property without putting their spouse on the deed.

Uncontested divorce, also called an amicable divorce, is also a fast divorce proceeding. Both parties agree to a divorce and all aspects of the settlement without the need of litigation, including: Division of property. Division of debt.

Uncontested divorces typically take, at a minimum 30 to 60 days to finalize. Contested divorced typically take a year or more to finalize. Remember, this does not include your one year period of separation prior to filing for and finalizing your divorce.

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