What is the legal term for a close relationship allowing enforcement of a property right?

The legal term for a close relationship that allows for the enforcement of a property right is "privity." In legal contexts, privity refers to a connection or relationship between parties that is significant enough to enable one party to enforce a right or obligation against another. This term is often used in contract law and property law, where it describes situations in which property rights can be upheld due to the relationship between the parties involved.

For example, a landlord and tenant share a privity of estate, which allows the landlord to enforce lease agreements and rental payments. Similarly, privity can exist between parties in other types of property transactions, enabling them to resolve disputes or enforce rights through legal means.

Understanding this concept is crucial for real estate professionals, as it directly impacts how property rights can be transferred, enforced, or contested between two or more parties. The other terms listed do not capture the essence of a relationship that allows for property rights enforcement in the same way that privity does.