What is the difference between a stipulation and an agreement?

A stipulation and an agreement are both legally binding documents that are used in civil procedures in Maryland. However, they are distinct in several ways. A stipulation is a formal agreement between the parties in a lawsuit that sets forth certain facts relevant to the dispute. It is a type of contract entered into through the court, and unless a court finds that the stipulation is not in accordance with Maryland law, the parties are bound to its terms. An agreement, however, is a voluntary agreement between the parties. It has the same legal effect as a stipulation in terms of legally binding the parties to its terms, but it is not filed with the court. This means that if the parties fail to comply with the terms of the agreement or change their minds, the other party does not have the legal authority to take them to court. In sum, a stipulation is a legally binding document entered into through the court, while an agreement is a contract between the parties that is not filed with the court. Although the two documents have the same legal effect, they are distinct in that an agreement is voluntary and not registered with the court.

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