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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

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