The meaning of PRIVITY is a relationship between persons who successively have a legal interest in the same right or property. How to use privity in a sentence.

Privity is established when there is a substantive legal relationship between two or more parties. Typically, this relationship involves a mutual interest, such as the same loss, the same measure of …

Oct 30, 2025 · Privity is a core principle in contract law, stating that only the parties who sign a contract have rights and obligations under it, meaning third parties usually cannot sue or be sued on that...

The doctrine of privity of contract is a common law principle which provides that a contract cannot confer rights or impose obligations upon anyone who is not a party to that contract. [1]

Aug 20, 2025 · Privity is a legal concept establishing a direct relationship between parties. This direct connection is often a prerequisite for legal rights and obligations to exist between them. …

PRIVITY definition: 1. a legally recognized relationship between two people or groups of people: 2. knowledge or…. Learn more.

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 …

Sep 30, 2015 · In the legal system, the term privity refers to a connection between parties to a contract. This includes parties who have mutual interest in, or successive rights to, the same property.

The term “privity” means mutual or successive relationship to the same rights of property. The executor is in privity with the testator, the heir with the ancestor, the assignee with the assignor, the donee …

PRIVITY definition: private or secret knowledge. See examples of privity used in a sentence.