- marketable title
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marketable title see title
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- marketable title
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n.Title to property that is free from encumbrances such that a reasonable person would accept it, and that can be sold or transferred without impediment.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
- marketable title
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in conveyancing in Scotland, an implied term of every contract for the sale of heritage that the seller will inter alia deliver a marketable title, which not only means that there will be no eviction but also that there will be no reasonable challenge that can be made. It imports an exclusive and absolute right of property and thus excludes even a long lease. It must be a title to a whole and identical property. The title must be free of all burdens and encumbrances except feu duties, which in most cases will have been automatically redeemed by statute some time ago or will have to be done on sale. An unallocated part of a cummulo feu duty may still be outstanding and render a title unmarketable.
Collins dictionary of law. W. J. Stewart. 2001.
- marketable title
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See: clear titleCategory: Real Estate & Rental PropertyCategory: Wills, Trusts & Estates
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- marketable title
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Ownership and possession of real property that is readily transferable since it is free from valid claims by outside parties.
Dictionary from West's Encyclopedia of American Law. 2005.
- marketable title
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Ownership and possession of real property that is readily transferable since it is free from valid claims by outside parties.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
- marketable title
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n.the title to real property which has no encumbrances (mortgage, deed of trust, lien or claim) and which is free of any reasonable objection (excluding minor mistakes in the description or typographical errors). A court will enforce a contract to buy and sell real estate if there is marketable title.
Law dictionary. EdwART. 2013.