privity

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)
◇ Formerly a suit for breach of warranty or negligence arising from a product could only be brought by a party to the original contract or transaction, and only against the party (as a retailer) directly dealt with. Only these parties had privity. Under modern laws and doctrines of strict liability and implied warranty, however, the right to sue has been extended to those, such as third-party beneficiaries and members of a purchaser's household, whose use of a product is foreseeable.
2 a: a mutual or successive interest esp. in the same rights of property (as by inheritance or purchase); also: the condition of having such an interest see also horizontal privity 1, vertical privity 1
b: an interest in a transaction, contract, or esp. action that does not derive from direct participation but from a relationship to one of the parties or from having an interest identical to one in the original subject matter; also: the condition or relationship of having such an interest
a party in privity see also predecessor in interest
◇ A claim may be barred by res judicata or collateral estoppel if the plaintiff's interests are identical, by relationship or subject matter, to those of a party to a previous action in which the plaintiff did not participate but which is deemed to have resulted in an adjudication of the plaintiff's rights.
3: private or joint knowledge of a private matter; esp: awareness (as of wrongdoing) implying concurrence

Merriam-Webster’s Dictionary of Law. . 1996.

privity
I noun affiliation, attachment, connecting medium, connection, contractual bond, derivative interest, interconnection, legal relationship, link, mutual relationship, mutuality of interest, nexus, relation, relationship, successive relationship, tie associated concepts: privity of contract, privity of estate, privity of possession II index chain (nexus), nexus

Burton's Legal Thesaurus. . 2006


privity
n.
A relationship between parties that occurs when they share an interest in or right to some property or matter, such as two people who enter a contract, or a deceased person and his or her heir, or two people who own the same piece of property one after the other.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


privity
A legal relationship between two parties based on contract, estate, or other lawful status, that confers certain rights or remedies. For example, parties that are in privity of contract can enforce the contract or obtain remedies based on it.
Category: Real Estate & Rental Property → Buying a House
Category: Real Estate & Rental Property → Renters' & Tenants' Rights
Category: Representing Yourself in Court
Category: Small Claims Court
Category: Small Claims Court & Lawsuits
Category: Working With a Lawyer

Nolo’s Plain-English Law Dictionary. . 2009.

privity
USA
The mutual and successive legal relationship of one person to another for a particular transaction or property or contract where they both share the same interest.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


privity
n. A legally recognized relationship of interest of two parties, be it in a transaction, a piece of property, or a proceeding.
@ horizontal privity
The legal relationship between two parties in a distribution chain who are on equal level, as between two consumers.
@ privity of contract
The relationship between the two parties to a contract that confers a right to take action on the contract; largely abrogated by enactment of warranty laws, permitting suits by users of products despite lack of privity with manufacturers.
@ privity of estate
A joint or successive relationship to a property involving transfer of possession by contract, judgment, or descent, as between landlord and tenant, or life tenant and remainderman.
@ vertical privity
1 The legal relationship between links in a product's distribution chain.
2 The privity between a person who signs a contract containing a restrictive clause and the person acquiring the property that is so restricted.
@

Webster's New World Law Dictionary. . 2000.


privity
A close, direct, or successive relationship; having a mutual interest or right.

Dictionary from West's Encyclopedia of American Law. 2005.


privity
A close, direct, or successive relationship; having a mutual interest or right.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

privity
n.
   contact, connection or mutual interest between parties. The term is particularly important in the law of contracts, which requires that there be "privity" if one party to a contract can enforce the contract by a lawsuit against the other party. Thus, a tenant of a buyer of real property cannot sue the former owner (seller) of the property for failure to make repairs guaranteed by the land sales contract between seller and buyer since the tenant was not "in privity" with the seller.
   See also: contract

Law dictionary. . 2013.

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Look at other dictionaries:

  • privity — priv‧i‧ty [ˈprɪvti] 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 — 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 — (n.) early 13c., from O.Fr. privité (c.1200) privacy, a secret, from L. privus (see PRIVATE (Cf. private)) …   Etymology dictionary

  • 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 — In its broadest sense, privity is defined as mutual or successive relationships to the same right of property, or such an identification of interest of one person with another as to represent the same legal right. Petersen v. Fee Intern., Ltd., D …   Black's law dictionary

  • Privity — A legal interpretation in contract law where contracts are only binding on the parties signing the contract. The idea is that, contracts are private agreements among the signatory parties which should have no bearing on others who are not… …   Investment dictionary

  • privity —    A direct contractual relationship between parties, such as exists between a consumer and a retailer, but not between a consumer and a wholesaler or manufacturer, who are farther away in the distribution chain. Contract law requires that there… …   Business 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 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 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

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