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All agreements
Pre-Divorce Agreement
Home Buyout Option Agreement
Records the buyout structure and timing. A buyout agreement does not by itself remove a spouse from the mortgage or from title.
$9
What this agreement covers
- Property address
- Which spouse intends to buy out the other
- Date by which the buyout must be completed
- What the two of you agreed happens if the buyout does not close
- Any other buyout terms you have agreed to
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Important disclosures
- • Divorce Liaison, Inc. is not a law firm and does not provide legal advice or representation.
- • Divorce Liaison does not represent either spouse. These are self-help document preparation products.
- • Enforceability of an agreement between spouses varies by state and by circumstances.
- • Child support may be controlled by your state's guidelines and may be reviewed by the court.
- • Custody and parenting terms may require court approval before they take effect.
- • An agreement between spouses does not automatically release either spouse from obligations to third-party creditors.
- • A home buyout provision does not by itself remove a spouse from a mortgage or from title.
- • Tax consequences may require advice from a qualified tax professional.