vertical privity

noun

Legal Definition of vertical privity

1 : privity between one who acquires property burdened with a restrictive covenant and those who executed the covenant require vertical privity for a restrictive covenant to run with the land
2 : privity between parties (as a manufacturer and retailer) who occupy adjoining levels in a system of product distribution

Learn More about vertical privity

Cite this Entry

“Vertical privity.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/vertical%20privity. Accessed 27 Oct. 2020.

Comments on vertical privity

What made you want to look up vertical privity? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

Test Your Vocabulary

Namesakes Word Quiz

  • a citrus fruit possibly named after a person
  • Which of the following is a fruit named after a Moroccan seaport?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Bee Cubed

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!