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Home » Law Dictionary » S » SPECIALTY

SPECIALTY

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

contracts. A writing sealed aud delivered, containing some agreement. In a more confined meaning, it signifies a writing sealed and delivered, which is given as a security for the payment of a debt, in which such debt is particularly specified. Bac. Ab. Obligation, A. 2. Although in the body of the writing it is not said, that the parties have set their hands and seals, yet if the instrument be really sealed it is a specialty, and if it be not sealed, it is not a specialty, although the parties in the body of the writing make mention of a seal.

Law Dictionary – Alternative Legal Definition

A writing sealed and delivered, containing some agreement. A writing sealed and delivered, which is given as a security for the payment of a debt, in which such debt is particularly specified. Bac. Abr. “Obligation,” A. A specialty is a contract under seal, and is considered by law as entered into with more solemnity, and, consequently, of higher dignity than ordinary simple contracts.

Related Posts:

  • DEED
  • DESIGNATIO PERSONAE
  • SEALED
  • SIGNED SEALED AND DELIVERED
  • SEALING OF A VERDICT
  • PAROL

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