Modeling the relaxation properties of resin matrix during cure plays an important role in predicting process-induced residual stresses and final distortions of resin-based composites. This paper develops a physical characterization model, which explains the temperature and cure-degree dependence of relaxation behaviors in terms of the size of cooperatively rearranging region, and special emphasis is placed on investigating the general physical mechanism of cure degree affecting the relaxation properties. In this model, the relaxation time is governed by a modified Adam-Gibbs equation, which is extended here to include the cure dependence. In addition, the relaxation modulus is modeled in a chemo-rheologically simple manner (CSM) based on the free volume theory. Material characterization is carried out using experimental data of two typical resins. It is shown that two cure-dependent model parameters, i.e., the smallest size of the cooperatively rearranging region and the glass transition temperature, are sufficient in accounting for the effect of cure on the relaxation modulus, and could provide a physical explanation of the influence of cure on relaxation behaviors. Furthermore, the proposed model is numerically realized by incorporating ABAQUS with UMAT subroutine, and its validity in predicting the residual stresses and final distortion of composites is also numerically verified by comparing with the results available in literature.