privy
- A person or entity that is directly involved or shares a connected interest in a legal matter, often involving a contract or property
- The seller and the buyer, as the parties directly involved in the property transaction, are both privy to the agreement.
- The tenant is privy to the rental contract since it directly outlines their rights and responsibilities.
- Only the signatories of the agreement, the ones who are privy to it, can enforce the legal obligations it outlines.
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