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What is the difference between a settlement and a stipulation?

In a settlement, the parties determine the outcome of the case and there is no trial before a judge or jury. Many cases are settled, meaning the parties come to an agreement, usually called a Stipulation of Settlement, which is written down and signed by the parties and the Judge.

What is a basic contract stipulation or details?

A stipulation and agreement is an contract between two parties that guarantees that one or all parties to the contract will do something. For example, a stipulation and agreement might mandate that a certain amount of money will be paid, or that a specific service be provided.

What is an example of a stipulation?

This stipulation might put some sort of limit on the agreement. For example, if you run a fencing company and offer a sale, you can stipulate that to get the sale price, the fence must be ordered by a certain date. Your customer, in turn, might stipulate that the work must be finished before the ground freezes.

What are stipulated documents?

Stipulations are legal documents that typically contain admissions by the licensee to one or more violations of law and set forth a proposal for appropriate discipline.

What is the purpose of legal stipulation?

In contracts, a stipulation used to define an agreement that ended with specific formalities in a ceremony. In contemporary use, stipulation means a material condition or a requirement in an agreement. In litigation, a stipulation generally means an agreement between opposing parties concerning a relevant point.

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