contract under seal

A formal contract that requires no consideration and has the seal of the signer attached.

• A contract under seal must be in writing or printed on paper or parchment and is conclusive between the parties when signed, sealed, and delivered. Delivery is made either by actually handing it to the other party (or party’s repre-sentative) or by stating an intention that the deed be operative even though it is retained in the possession of the party executing it. Modern statutes have mostly eliminated the special effects of a sealed contract.

— Also termed sealed contract; special contract; deed; covenant; specialty; specialty contract; common-law specialty. See SEAL. [Cases: Contracts 48. C.J.S. Contracts § 85.]


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译员Clara,毕业于国内知名法学院,擅长翻译有关建筑领域的法律文件。
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