What does Stipulation of Settlement mean?

What does Stipulation of Settlement mean?

In a settlement, the parties determine the outcome of the case and there is no trial before a judge or jury. Many cases 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.

Is a stipulation a contract?

is that stipulation is the act of stipulating; a contracting or bargaining; an agreement while contract is an agreement between two or more parties, to perform a specific job or work order, often temporary or of fixed duration and usually governed by a written agreement.

What is a proviso?

1 : an article or clause (as in a contract) that introduces a condition. 2 : a conditional stipulation.

What is that caveat and why do you think it was included?

In its original sense, the noun caveat means a warning or caution. It comes from Latin, where it means, literally, let him beware. Caveat did not originally mean a qualification, condition, or limitation, but this newer sense is well-established, even if it hasn’t fully supplanted the older one.

What is the meaning of caveat Venditor?

let the seller beware