6 years ago
difference between privity of estate and privity of contract?
for property (tenant landlord)…in simple terms please!!
Esq.3 points · 6 years ago
Privity of estate means both of you have an interest in the land, whereas privity of contract means your only shared interest is in the contract (lease) between you.
So when you assign your lease to a third party, you (lessee and assignor) and the lessor have privity of contract based on your original lease. The lessor and the assignee have privity of estate because they both have a current interest in the land. You and the assignee have both privity of contract and estate, due to the contract between you and your remaining interest in the land until the end of the lease term.
In a sublease, the lessor and lessee maintain both between each other, and the lessee and sublesee maintain both. There is no privity between the sublesee and the lessor, so the lessee has a reversionary interest at the end of the sublease, and is responsible for payment of the rent directly to the landlord.
Esq.2 points · 6 years ago
So one is you got contract between them. That's privity of contract.
But for estate, you basically have to have the terms touch. So I'm a leasee, I sublease without land lords permission, but I take the property back before my lease is up. Then the land lord has no privity of estate against the subleaser, which may limit his remedies.
1L1 point · 6 years ago
Privity of contract is the relationship that is established when you and someone else have a contract. You're in privity.
Privity of estate refers to being a successor in land or having a smaller part of a larger interest in land. So things that run with with the land would apply to you if they applied to someone with whom you have privity of estate, including the statute of limitations for adverse possession, real covenants, and shit like that.
In the L-T context the main importance is this: If you assign your lease to a 3rd party, your landlord can still sue the assignee for missing rent because of privity of estate.
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privity of estate
privity of estateимущественная связь , общий имущественный интерес
Большой англо-русский и русско-английский словарь
privity of estateЮридический термин: имущественная связь, общий имущественный интерес
Универсальный англо-русский словарь
privity of estateимущественная связь; общий имущественный интерес
Англо-русский юридический словарь
privity1) имущественные отношения (основанные на договоре, правопреемстве и других личных отношениях)2) осведомлённость; согласие; соучастие3) наличие общего интереса, общность интересов•
in privity — в соучастии– privity of blood
– privity of contract
– privity of estate
Англо-русский юридический словарь
См. также в других словарях:
privity of estate — This describes the relationship between a current tenant and its current and immediate landlord, regardless of whether those persons were the original parties to the lease. There is no privity of estate between a head landlord and an undertenant … Law dictionary
Privity of estate — is the concept in property law that there is a legal relationship between a landlord and a tenant, with shared rights and responsibilities. this relationship does not arise out of contract but connected through possession of the property on the… … Wikipedia
privity of estate — A connection between the estate of one and the estate of another, for example, as between lessor and lessee. Davidson v Minnesota Loan & Trust Co. 158 Minn 411, 197 NW 833, 32 ALR 1418. A succession in rights. Vineberg v Hardison (Fla App) 108 So … Ballentine’s law dictionary
privity — priv·i·ty / pri və tē/ n pl ties [Old French privité privacy, secret, from Medieval Latin privitat privitas, from Latin privus private] 1: the direct connection or relationship between parties to a contract or transaction (as a purchase) privity… … Law dictionary
privity — In its broadest sense, privity is defined as mutual or successive relationships to the same right of property, or such an identification of interest of one person with another as to represent the same legal right. Petersen v. Fee Intern., Ltd., D … Black’s law dictionary
Privity of contract — Contract law Part o … Wikipedia
privity — An elusive term. In general, an identity of interest between persons, so that the interest of the one is measured by the same legal right as that of the other. Fleming v Cooper, 225 Ark 634, 284 SW2d 857, 58 ALR2d 694. The relation between two… … Ballentine’s law dictionary
privy in estate — See privity of estate … Ballentine’s law dictionary
Covenant (law) — Property law Part of … Wikipedia
Covenant running with the land — A covenant running with the land, is a real covenant, in the law of real property. It is a nonpossessory interest in land in one form as an agreement between adjoining landowners to do something (affirmative covenant) or to refrain from doing… … Wikipedia
Assignment (law) — Contract law Part … Wikipedia
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