Undisclosed Principal Legal Meaning and Definition

Here is a simplified definition of the legal term Undisclosed Principal.

Undisclosed Principal (noun)

An Undisclosed Principal is a person who is the true party involved in a transaction, but their identity is not revealed to the other party. Instead, this person uses an agent to conduct a transaction on their behalf. This situation often occurs when the seller may not be willing to sell the property if they knew the identity of the real buyer.