Q: What does mutual release of property rights within a legal separation agreement mean?
A common answer to any legal question is that "it depends," but that is particularly true here where I don't have access to the specific language you are referencing. Depending on the actual language used, it might mean that both parties are releasing (waiving) any other claims they may have against the other party. If that is the case, then you need to make sure that the Separation Agreement has resolved everything (although be aware that you can't completely waive certain causes of action - see child custody and child support).
Or, it can be more limited than that. It just depends on the specific language.
David Allan King agrees with this answer
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