Agreed Statement Legal Meaning and Definition

Here is a simplified definition of the legal term Agreed Statement.

Agreed Statement (noun): In legal terms, an Agreed Statement refers to a document highlighting all the facts that both sides of a legal dispute agree upon. It is often used as an alternative to a lengthy court trial, particularly in appeal cases, where it is distilled down to clearly defined and accepted points of fact before moving on to higher courts. It's highly beneficial when the disagreement is primarily over the application of law rather than the facts of the case.