If a 17-year-old married couple buys property, how is this transaction described?

The transaction is described as valid because, in North Carolina, a married couple where at least one spouse is under 18 years of age is considered legally emancipated. This means that they have the legal capacity to enter into contracts, including the purchase of property, without parental consent. Emancipation grants minors certain legal rights and responsibilities similar to adults, particularly in the context of contracts and property ownership.

Thus, the couple's marital status allows them to engage in a real estate transaction, making the transaction valid. It's important to note that the nuances of emancipation can vary by state, but in this context, the marriage effectively allows the young couple to be treated as legal adults for the purposes of entering contracts.