Full question:
I have a prenuptial agreement with my husband which is almost 10 years old. We live in his house; and I am not on the deed. He has taken a new job, and his company is buying the house. A Century 21 real estate agent delivered the 'contract agreements' to our home and wants my signature in order to sell the house. Why do I have to sign anything IF I have a prenupt and am not on the current deed? What are my rights living in the house?
- Category: Contracts
- Subcategory: BuySell Agreements
- Date:
- State: North Carolina
Answer:
Homestead laws protect homeowners from having their homes taken by creditors. These laws vary by state. In North Carolina, a married homeowner must obtain their spouse's signature before selling a home, even if the spouse's name is not on the deed. Additionally, a prenuptial agreement may be invalidated if a court finds it unfair or if there was fraud or duress involved. If the prenup is deemed invalid, marital property will be divided according to equitable principles during a divorce in North Carolina.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.