legal concept that refers to the relationship between all part ies in a contract. In subcontract ing, the prime buyer has no contractual relationship with subcontractor Editor's Note: True that a buyer contract has no direct relationship with a seller subcontractor, but the buyer's contract can include clauses that requires the contractor to bind its subcontractors to the same terms and conditions. [D04180] CSM
Legal concept whereby only those party to a contract may sue or be sued on the contract.
The connection or relationship that exists between two or more contracting parties.
( connexité contractuelle) A binding relationship which exists between the immediate parties to a contract.
Doctrine which held manufacturers immune and retailers vulnerable to negligence actions instituted by consumers.
The principle in English common law that landlord and tenant continue to have obligations under the lease despite subsequent assignment. Privity of contract was abolished for new leases coming into force from 1 January 1996. Leases entered into before then are still subject to privity, but landlords wishing to sue previous tenants still bound by privity have to serve notice within six months of rent or service charges becoming due. The current legislation enables landlords in certain circumstances to require the outgoing tenant to guarantee the performance of the incoming tenant, until there is a further assignment.
A principle that restricts contractual rights and obligations to the immediate parties to a contract.
The relationship between contracting parties (mortgagor-mortgagee or assignee-assignor).
That relationship or connection which exists between two or more contracting parties.
the principle that a contract is private to the parties that agreed to it. Historically meant that if the contract affected or even named persons who should benefit from it they could not sue to enforce it if they were not actual parties to the agreement. This principle has now been greatly undermined by statute and third parties can now sue to enforce contracts that affect them.
The doctrine of privity in contract law provides that a contract cannot confer rights or impose obligations arising under it on any person or agent except the parties to it.
