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Simple English definitions for legal terms

specialty contract

Read a random definition: jus albanagii

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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9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
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