Web a divorce settlement agreement, also known as a marital settlement agreement (msa) or separation agreement, is a legally binding contract that outlines the terms and conditions of a divorce or legal separation between a married couple. Web an uncontested divorce is where both you and the person you want to divorce agree to divorce and there is an agreement about what will happen to your finances and property after the divorce. Web in the case of the marital relationships and their termination, partners are supposed to complete the marital settlement agreement form. Why is a marital separation and property settlement agreement important? Web divorce settlement agreement template.