District of Columbia Sample Letter for Stipulation Agreement
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How to fill out Sample Letter For Stipulation Agreement?
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FAQ
Contract stipulation refers to a demand for something to be included in an agreement. To stipulate is to demand that an item should be added to a contract. You can stipulate that specific conditions should be part of a deal or agreement.
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. In litigation, a stipulation generally means an agreement between opposing parties concerning a relevant point.
Summary: If you're stressed out about your debt collection lawsuit, a stipulated judgment might be just what you need because it allows you to settle a debt outside of court. Before signing a stipulated judgment, you should be certain you can pay off the debt ing to the terms and conditions laid out therein.
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)
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.
The terms of a stipulated judgment may cover similar topics ? custody, visitation, support, and asset division ? but they may be shorter and less detailed when compared to a marital settlement agreement. Sometimes a marital settlement agreement will be also be memorialized as a stipulated judgment.
