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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.
Parties can file a stipulation with the court simply to alert the judge that they've reached an agreement on something. A consent motion requests the court to take an action, but it is unlike most motions because the parties have agreed beforehand that the court should grant the requested relief.
The Court noted that a judicial admission is ordinarily a factual allegation by one party that is admitted by the opposing party. Judicial admissions include: factual stipulations; answers to requests for admission; an answer that admits the allegations in a complaint or cross-complaint.
A stipulation could mean a fact, promise, or provision in a contract agreed by two parties. 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.
Stipulation generally means an agreement, a bargain, proviso, or condition. If the stipulation complies with an applicable statute or rule of court, it will be binding.
A stipulation is simply an agreement between the parties. To be effective, the stipulation must be in writing and signed by the judge or made on the record in open court.