privity

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Related to Privity of contract: Privity of estate

priv·i·ty

 (prĭv′ĭ-tē)
n. pl. priv·i·ties
1. Knowledge of something private or secret shared between individuals, especially with the implication of approval or consent.
2. Law A relation of interest or identity between parties close enough to make one party subject to a suit on a claim against the other or conferred with the same rights and obligations as the other.

[Middle English privete, secrecy, privacy, from Old French, from Medieval Latin prīvitās, from Latin prīvus, single, alone; see per in Indo-European roots.]
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

privity

(ˈprɪvɪtɪ)
n, pl -ties
1. (Law) a legally recognized relationship existing between two parties, such as that between lessor and lessee and between the parties to a contract: privity of estate; privity of contract.
2. secret knowledge that is shared
[C13: from Old French priveté]
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

priv•i•ty

(ˈprɪv ɪ ti)

n., pl. -ties.
1. private or secret knowledge.
2. participation in the knowledge of something private or secret, esp. as implying concurrence or consent.
3. Law. the relation between privies.
[1175–1225; Middle English privete, privite < Old French. See privy, -ity]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.

privity

- The state of being private or secret.
See also related terms for private.
Farlex Trivia Dictionary. © 2012 Farlex, Inc. All rights reserved.
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References in periodicals archive ?
713's privity of contract implies that an owner has voluntarily assumed primary liability for payment of the supplier or laborer.
The trial court found that the count for negligence failed because, as a matter of law, borrowers cannot sue an appraiser hired by the lender for negligence where the appraisal was prepared for a lender, and there was no privity of contract between the appraiser and the buyers.
We would add that there is a complete lack of privity of contract, and that the Contract cannot impose obligations arising under it on any person or even an agent, except the parties to it.
Absent a TPB clause in a Utah contract then, an owner has little recourse against a construction party with whom it lacks privity of contract. Given the variety of legal applications, and the silence of default form language, the oldest advice remains the best: If you want something done right, do it yourself.
Where there is privity of contract and the parties have negotiated that contract from comparative bargaining positions, the parties are able to allocate the risk of all loss, including the loss of the product.
Sally has no contract remedies available to her because she is not in privity of contract with the attorney, so her only recourse is in tort.
Ultimately, when the subject of a negligence lawsuit pertains to dangerous activities that are readily apparent, the negligent party is liable regardless of the existence of privity of contract. Id.
Privity of contract has deterred direct government intervention and influence on subcontractor selection and behavior.
It raised issues on topics like privity of contract and estate that we haven't really looked at since law school.
In other words, on projects funded by DOT or EPA, their regulations apply to downstream contractors that are not in privity of contract with the government.
Currently, many T&Cs grant CSPs broad subcontracting rights and often seek to absolve CSPs from or transfer liability to the third party, an entity with whom the customer has no privity of contract. Lawyers should insist on T&Cs that hold CSPs responsible for the actions of their third party subcontractors.
They have no privity of contract with the parent or holding company affiliates of the particular insurer from which they made their purchases.