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What does signing a stipulation mean?

A \u201cstipulation\u201d is an agreement between two parties that is submitted to the judge for approval. It eliminates the need to go to court and have a judge decide an issue. A written \u201cStipulation and Order\u201d includes the parties' agreement, both of their notarized signatures, and the judge's signature.

What is an example of stipulation?

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.

Why are stipulations used?

Stipulations are frequently made to dictate procedural matters in a way that is mutually beneficial for both parties. If both litigants need more time to collect evidence, for example, they might agree to an extension. As long as this does not violate laws or orders from the court, this is usually accepted.

What is the stipulation meaning?

stipulate \\STIP-yuh-layt\\ verb. 1 : to make an agreement or covenant to do or forbear something : contract. 2 : to demand an express term in an agreement. 3 : to specify as a condition or requirement (as of an agreement or offer) 4 : to give a guarantee of.

What is a stipulation for entry of judgment California?

Stipulations for entry of judgment, pursuant to which a judgment will be entered for a larger amount if the defendant fails to timely pay a lesser agreed upon amount, are commonly used to facilitate settle- ment.

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