If the agreement contains ownership, the full legal name of the agreement must be “separation and liquidation of assets”. The agreement must be signed and notarized to be valid. While some states require a judge to allow a separation agreement, couples separating North Carolina allow the terms of the agreement to be controlled between them, with a few exceptions. Most separation agreements contain provisions on remedies in the event of breach of contract by either party. Some agreements may require the parties to participate in mediation or arbitration in place of or before a dispute is opened in order to enforce the agreement. When a separation agreement is included in a court decision, the parties lose their contractual defenses set out above. A party may annul a decree if the procedure by which it was adopted was erroneous. . . .