Escrow & Title
Which of the following describes a marketable title in Alaska?
ATitle that is absolutely free of all defects and encumbrances
BTitle reasonably free of doubt that a prudent buyer would accept without requiring an extraordinary legal remedy✓ Correct
CTitle that has been warranted by the seller for 10 years
DTitle that is insured by the state government
Explanation
Marketable title (merchantable title) is title that a reasonable, well-informed buyer would accept — not necessarily perfect, but free of material defects that would expose the buyer to litigation or significant risk.
Related Alaska Escrow & Title Questions
- Under Alaska recording laws, which document would have priority over all others if all were recorded on the same day?
- In a closing statement, a proration is used to:
- In Alaska, property taxes that are delinquent typically result in:
- Which of the following is a 'voluntary lien' in Alaska real estate?
- Under Alaska's recording system, a 'constructive notice' differs from 'actual notice' because constructive notice:
- In Alaska, when multiple liens exist on a property and it is sold at foreclosure, which general priority rule applies?
- In Alaska, a judgment lien becomes effective on a debtor's real property when it is:
- In Alaska, after a deed is recorded, it provides:
Practice More Alaska Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Alaska Quiz →