Marketable title is a concept in real estate law referring to a title to real property that is sufficiently free from defect that a court of equity will legally compel its acceptance by a buyer in a specific performance action. Marketable title does not require the absolute absence of any defect, but rather a title that a prudent, well-informed buyer would accept in the ordinary course of a real estate transaction without objection.
Marketable title is a concept in real estate law referring to a title to real property that is sufficiently free from defect that a court of equity will legally compel its acceptance by a buyer in a specific performance action. Marketable title does not require the absolute absence of any defect, but rather a title that a prudent, well-informed buyer would accept in the ordinary course of a real estate transaction without objection.
Source: Wikipedia "Marketable title" · CC BY-SA 4.0
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