A written document setting forth agreements reached by the parties in mediation. Signed by both parties as well as any attorneys present.
Heard in Divorce Court, but can be used in other contexts as well. Different from a Separation Agreement.
Spanish: un memorando de acuerdo
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Memorandum of Understanding (MOU) is a very common concept in Colorado Commercial law. It is usually the document from which more comprehensive contractual documents are drafted.
Thanks, Stan. That is good to know!