Privity of Contract
/ˈprɪvɪti əv ˈkɒntrækt/
Definitions
- (n.) The legal principle that only parties involved in a contract are entitled or obligated to enforce or be bound by its terms.
Under privity of contract, a third party cannot sue to enforce a contract to which they are not a party.
Forms
- privity of contracts
Related terms
See also
Commentary
Privity of contract is fundamental in contract law limiting enforcement rights to contracting parties; exceptions often require clear statutory or doctrinal basis.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.