privity

In contract law, privity refers to a relationship between parties who have a mutual interest or successive legal interest in the same right or property. It can also describe an interest in a transaction, contract, or legal action to which one is not an original party, arising from a relationship with one of the parties involved.1

Traditionally, English law held that only parties directly involved in a contract could acquire rights from it. However, modern contract law grapples with situations where contracts involve multiple parties or aim to confer rights upon a third party. The concept of "privies in law" specifically denotes individuals who, by legal doctrines, share a mutual interest or successive relationship to the same estate or property, inheriting its benefits and burdens.23