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A free trader agreement is in basic terms a document prepared for the purposes of waiving each partys rights as to real estate and creating a right to obtain real estate independent of the other.

Free trader agreement nc. A free trader agreement is a simple document signed by spouses who are separated but not yet divorced. It is a contract that says how they have agreed to divide property and debt how family support will be provided if any and what they will do about parenting time if they have children together. The agreement allows them to buy and sell real estate during their separation without the other spouse acquiring any marital interest or rights in the property or having to sign any papers relative to the newly acquired property. Free trader agreement being retained by each of the parties hereto.

State of north carolina free trader agreement county of this free trader agreement made and entered into this day of. Accordance with the provisions of north carolina general statutes section 39 134 just the same as if she had never been married to him. Wife and acknowledged that she executed the foregoing free trader agreement for the purposes therein expressed. In witness whereof the parties hereto have set their hands and seals the day and year first above set forth in duplicate originals with at least one original copy of this free trader agreement being retained by each of the parties hereto.

Name wife seal name husband seal. Witness my hand and notarial seal this the day of. Free trader agreements in north carolina when a married couple separates if they can reach an agreement on all of the issues between them they may choose to sign a separation agreement. Free trader agreements allow a husband or wife to purchase property after the date of separation but before an absolute divorce without the necessity of having the other spouse being placed on the deed.

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