A property settlement agreement becomes a legally binding part of the final judgment when your marriage is officially dissolved. Understand Georgia's marital property and asset division laws.Learn about equitable division, separate property, alimony, and more. Here are some things to know about the legal terminology and processes involving the division of property in Georgia divorces. Fill in the name of the county where the property is located, as well as the official legal description of the property (the legal description is on the deed. Include the full names, addresses, and contact details of both parties involved.