Privity

Privity is the legal term for a close, mutual, or successive relationship to the same right of property or the power to enforce a promise or warranty. It is an important concept in contract law. ==Contract law== The principle of privity in the common law`s law of contract dictates that an individual cannot sue on a contract to which he or she was....
Found on http://en.wikipedia.org/wiki/Privity

Privity

- An interest in a transaction, contract or legal action to which one is not a party, arising out of a relationship to one of the parties.
Found on https://www.encyclo.co.uk/local/21071

Privity

• (a.) Privacy; secrecy; confidence. • (a.) Private knowledge; joint knowledge with another of a private concern; cognizance implying consent or concurrence. • (a.) A private matter or business; a secret. • (a.) The genitals; the privates. • (a.) A connection, or bond of union, between parties, as to some particular transac...
Found on http://thinkexist.com/dictionary/meaning/privity/

Privity

Priv'i·ty noun ; plural Privities (-tĭz). [ From Privy , adjective : confer French privauté extreme familiarity.] 1. Privacy; secrecy; confidence. Chaucer. « I will unto you, in privity , discover . . . my purp...
Found on http://www.encyclo.co.uk/webster/P/164

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.
Found on http://www.nolo.com/dictionary/privity-term.html

Privity

A legal relationship between two parties in a contract
Found on http://www.encyclo.co.uk/local/22643

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 fa...
Found on http://dictionary.law.com/Default.xhtml?selected=1617

Privity

n.The mutual, close and successive relationship between two parties for a particular transaction or property or contract where they both share a common interest.Thus, it`s a relationship close enough such that one party can support the legal claims for or against the party in above relation. In the absence of privity, the subcontractor cannot ...
Found on http://www.encyclo.co.uk/local/21213

privity

privacy; secrecy; secret or confidential conversation
Found on http://phrontistery.info/p.html

privity

privity 1. The state of sharing knowledge of or colluding in something secret. 2. A legally recognized relationship between two parties; such as, between members of a family, between an employer and employees, or between others who have entered into a contract together. 3. A successive or mutual relationship to some property. 4. Knowledge of som...
Found on http://www.wordinfo.info/words/index/info/view_unit/1753/2

Privity

The mutual or successive relationship to the same rights of property.PRIVITY OF CONTRACT. The relation which subsists between two contracting parties. From the nature of the covenant entered into by him, a lessee has both privity of contract and of estate; and though by an assignment of his lease he may destroy his privity of estate, still the pr.....
Found on http://www.lectlaw.com/def2/p165.htm
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