What is the difference between a stipulation and an agreement?

A stipulation and an agreement are similar, yet distinct, legal concepts. A stipulation is an agreement or concession made between two or more parties to a civil case in court. Often, stipulations are made to reduce the number of arguments or disputes in a trial. Stipulations are usually made in the form of written documents, signed by both parties, which outline what the parties have agreed to. An agreement, on the other hand, is a contract established between two parties. It is frequently used in civil proceedings in Indiana. In an agreement, all parties must agree to the terms of the contract, and it must be in writing. The agreement must contain all the essential elements to be legally binding. The primary difference between a stipulation and an agreement is that a stipulation is made in the context of a trial, where all parties must agree to the terms of the stipulation, whereas an agreement is more of a contract-type agreement between two parties. Furthermore, an agreement must be in writing to be legally binding, whereas a stipulation does not require a written document.

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