North Carolina Separation and Property Settlement Agreement

State:
Multi-State
Control #:
US-01714-2-AZ
Format:
Word; 
Rich Text
Instant download

Description

This form is a Separation and Property Settlement Agreement. The parties have agreed to a separation due to irreconcilable differences. The agreement also apportions certain property items between the parties. Each party agrees to release and quitclaim his/her right, title, and interest in each item that is apportioned to the other party.
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FAQ

Separation agreement. n. an agreement between two married people who have agreed to live apart for an unspecified period of time, perhaps forever.

Grounds for divorce But it's important to know that even without their consent or agreement, a divorce can be granted when based on 5 years separation if: Your ex-partner won't cooperate or disagrees. You don't have an address for your spouse, but you have evidence that you have done your utmost to find them.

A separation agreement is not valid in North Carolina unless both parties have signed and their signatures are notarized. For it to be valid, the agreement must be signed at or after the parties' separation. No one can compel a spouse to sign a separation agreement.

A marital separation agreement, also known as a property settlement agreement, is a written contract dividing your property, spelling out your rights, and settling problems such as alimony and custody.

Separation does not always mean courts and judges?in fact North Carolina makes it very easy to make an agreement on all of these matters. Simply having a drafted document, notarized and signed may resolve these issues. A separation agreement can be effective especially when you have children and property involved.

If One Spouse Wants the Other to Leave North Carolina courts have the power to force a spouse out of the marital residence if the other can prove a claim for divorce from bed and board, child support, and alimony or postseparation support where fault is shown.

In fact, employers count on this occurring. For a variety of reasons ? despite their position of power and general reluctance to provide a generous severance package ? many employers will nevertheless negotiate.

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North Carolina Separation and Property Settlement Agreement