Escrow & Title
In Alaska, 'marketable title' means:
ATitle that will sell at market value
BTitle that is free from reasonable doubt about ownership and can be transferred without fear of litigation✓ Correct
CTitle insured by a licensed title company
DTitle that has been reviewed by an attorney
Explanation
Marketable title is title that is reasonably free from doubt — a title that a reasonably prudent buyer would accept. It does not have to be perfect, but it must be free from material defects, clouds, or encumbrances that could expose the buyer to litigation.
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