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marketable title

American  

noun

Law.

  1. a title to real property that is free from encumbrances, litigation, and other defects and that can readily be sold or mortgaged to a reasonable buyer or mortgagee.

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Your offer should be dependent on your obtaining a satisfactory loan to finance the proposition, and the ability of the owners to furnish papers to show a good marketable title, free from liens or encumbrances.

From Better Homes in America Plan Book for Demonstration Week October 9 to 14, 1922 by Meloney, Mrs W.B.

Foreigners now can legally acquire property, and possess a marketable title; in which respect the law, until a very recent period, was of an extremely uncertain nature.

From The Former Philippines thru Foreign Eyes by Craig, Austin

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.