Escrow & Title
Marketable (merchantable) title means:
ATitle free from all liens and encumbrances of any kind
BTitle that is reasonably free from serious doubt and that a reasonable buyer would accept✓ Correct
CTitle insured by a national title company
DTitle recorded within the past 10 years
Explanation
Marketable title is title that is reasonably clear of encumbrances and defects such that a reasonable, prudent buyer would accept it. It does not need to be perfect, but it should be free from significant risk of litigation or challenge.
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