Most family law lawyers in North Carolina will include some sort of free trader clause in a separation agreement. If the execution is correct, this may be applicable. In the absence of a separately describing free-to-run agreement, you must register your entire separation agreement with the Register of Deeds office. While this may not seem like a big thing, the data log calculates you based on the page, so the longer a document is, the more expensive it is to submit. These recordings are also public as soon as they have been submitted, and many people do not want their personal lives to be open to the world. This is why we recommend that you have a separate free trade agreement that can be submitted to your local Register of Deeds office. You may also submit a Separation Agreement Memorandum regarding the fact that you have a duly concluded separation agreement, which contains a free trader agreement, but does not publicly disclose the details of your private separation agreement. In most cases, banks will not lend money to buy a home without a signed and registered free trade agreement or divorce order. This is because if you died (or died late) before filing for divorce, your alienated spouse still has enough right to the acquired property to screw up the foreclosure process for the bank and delay or thwart their attempt to close and get their money back from the unproducated loan. As a general rule, any married person who transfers or mortgages property must be accompanied by his or her spouse in his or her transfer.
There are exceptions to this rule, one of which is a free trade agreement. Most divorce firms in North Carolina contain some standard provisions for “booksellers” in their separation agreements and ownership transaction agreements. If these provisions are drafted and properly drafted and properly executed, they can be fully enforceable, but without a separate and demonstrable document containing a free trade agreement, you are obliged to register your entire separation and agreement and the statement of ownership with the local registry of the deed. . . .