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Property rights and titleSubject 3 of 19

Marketable title

Title reasonably free from serious doubt or a substantial risk of litigation.

Direct answer

What does Marketable title mean?

Title reasonably free from serious doubt or a substantial risk of litigation.

Exam cue: A sales contract commonly requires the seller to deliver marketable title, not title free from every minor issue.

What does it look like in a question?

New York example

An unreleased prior mortgage may need to be satisfied before closing.

Common exam trap

What should you not confuse it with?

Marketable does not mean perfect or free from all permitted exceptions.

Sources used2 references with section locators

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