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LSDefine

Simple English definitions for legal terms

specialty contract

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A quick definition of specialty contract:

A contract is an agreement between two or more people that creates responsibilities that can be enforced by law. It can be a written document or just a verbal agreement. The term "contract" can refer to the agreement itself or the physical document that records it. When people make a contract, they promise to do something, and if they don't do it, the law can help the other person.

A more thorough explanation:

A specialty contract is a type of contract that is also known as a contract under seal. It is a legally binding agreement between two or more parties that creates enforceable obligations. The term "specialty" refers to the fact that the contract is executed under seal, which is a formal process that involves affixing a seal to the document.

For example, a construction company may enter into a specialty contract with a client to build a new office building. The contract would outline the terms of the agreement, including the scope of work, the timeline for completion, and the payment schedule. Both parties would sign the contract under seal, which would make it legally binding.

Another example of a specialty contract is a lease agreement. A landlord and tenant may enter into a specialty contract that outlines the terms of the lease, including the rent amount, the length of the lease, and any restrictions on the use of the property. The contract would be signed under seal, which would make it legally binding.

Overall, a specialty contract is a formal and legally binding agreement that is executed under seal. It is used in a variety of contexts, including construction, real estate, and business transactions.

specialty bar | specialty creditor

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18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
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