specialty

specialty.

1. See contract under seal under CONTRACT.

2. DOCTRINE OF SPECIALTY.

3. Eminent domain. Unique property (such as a church or cemetery) that is essentially not marketable, so that its value for condemnation purposes is determined by measuring the property’s reproduction cost less any depreciation. — Also termed (in sense 3) specialty property. [Cases: Eminent Domain 134. C.J.S. Eminent Domain §§ 148, 155–156, 160.]


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