What is the difference between a stipulation and an agreement?

A stipulation and an agreement are both legally binding documents, but there are a few key differences between the two. A stipulation is a formal document between two parties in a civil case which states basic facts or resolves a certain issue without further negotiation or litigation. In other words, the parties involved agree on certain facts or conclusions in order to move the case forward and save time. An agreement, on the other hand, is a contract between two or more persons, corporations, or other entities that establishes the obligations of each party. Unlike a stipulation, which is usually an oral agreement, an agreement is usually written down and signed by all parties. Agreements usually involve more than just facts and conclusions and are more comprehensive than a stipulation, as they include promises of how each party is going to act. In summary, a stipulation is a document that resolves an issue or sets out certain agreed-upon facts, while an agreement tends to be a more detailed contract between two or more parties. In Delaware, both stipulations and agreements are legally binding documents, so it is important to carefully read and understand them before signing.

Related FAQs

How does civil procedure differ from state to state?
What is class action litigation?
What is the judgment/verdict stage of civil procedure?
What is a motion to dismiss?
What is required to prove a civil claim?
What is the statute of frauds?
What are the challenges to a summons?
What is a cross-complaint?
What is the difference between civil and criminal procedure?
What is the difference between a motion for a new trial and a motion for judgment notwithstanding the verdict?

What is the difference between a stipulation and an agreement?

Related FAQs

Related Blog Posts