Ballentine's law dictionary. Anderson, W.S.. 1998.
privity — priv·i·ty / pri və tē/ n pl ties [Old French privité privacy, secret, from Medieval Latin privitat privitas, from Latin privus private] 1: the direct connection or relationship between parties to a contract or transaction (as a purchase) privity… … Law dictionary
privity of contract — the relationship between the parties privy to the contract, i.e. those who are direct parties to it. Until the passing of the Contracts (Rights of Third Parties) Act 1999, English law did not permit parties not in a relationship of privity to sue … Law dictionary
privity of estate — This describes the relationship between a current tenant and its current and immediate landlord, regardless of whether those persons were the original parties to the lease. There is no privity of estate between a head landlord and an undertenant … Law dictionary
Privity (law) — Privity is a well established component of the federal law of res judicata. A privy is bound with respect to all the issues that were raised or could have been raised in the previouslawsuit. Commissioner v. Sunnen, 333 U.S. 591, 597, 68 S. Ct.… … Wikipedia
privity — priv‧i‧ty [ˈprɪvti] noun [uncountable] LAW the legal relationship existing between the people who have signed a contract, agreement etc: • A successful legal action for insider trading is unlikely, since privity would be virtually impossible to… … Financial and business terms
Privity of estate — is the concept in property law that there is a legal relationship between a landlord and a tenant, with shared rights and responsibilities. this relationship does not arise out of contract but connected through possession of the property on the… … Wikipedia
Privity — Priv i*ty, n.; pl. {Privities} ( t[i^]z). [From {Privy}, a.: cf. F. privaut[ e] extreme familiarity.] [1913 Webster] 1. Privacy; secrecy; confidence. Chaucer. [1913 Webster] I will unto you, in privity, discover . . . my purpose. Spenser. [1913… … The Collaborative International Dictionary of English
privity — [priv′i tē] n. pl. privities [ME privete < OFr < L privus, PRIVATE] 1. a) private or secret knowledge, as shared between persons b) participation in this 2. Law a successive relationship to or mutual interest in the same property or rights … English World dictionary
Privity of contract — Contract law Part o … Wikipedia
vertical privity — n 1: privity between one who acquires property burdened with a restrictive covenant and those who executed the covenant require vertical privity for a restrictive covenant to run with the land 2: privity between parties (as a manufacturer and… … Law dictionary
