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When a Stipulation is signed by the parties it becomes a binding contract. What Does it Mean to Be So-Ordered? The Judge (or jurist) in a New York divorce of family court matter may turn a Stipulation into a court order by affixing his or her signature to the document and having it entered with the clerk's office.
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.
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.
Most cases in Housing Court are settled, meaning the parties come to an agreement, usually called a "Stipulation of Settlement," which is written down and signed by the parties and the Judge. When you sign a Stipulation of Settlement, you are making a binding legal agreement that must be followed.
The Stipulation of Settlement is a binding agreement between the landlord and tenant. In the Stipulation of Settlement, the landlord and tenant may agree to do certain things by certain dates. If the landlord or tenant fails to follow through on her or his end of the agreement, there may be very serious consequences.
Partiality: While a stipulated judgment will resolve the lawsuit in its entirety, a settlement agreement can settle the case in full or in part. If the parties can only agree to certain aspects, they may submit a settlement agreement on those parts and let the court decide the rest.
The agreement should set forth what money is being paid for, i.e., the type of damages, as well as the claims it is being paid on. If some damages are taxable and some are not, the settlement agreement should set out, in as much detail as possible, the proportions and rationale.
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.