Escrow & Title
What is Delaware's 'Marketable Title Act' and how does it simplify title searches?
AA law making all Delaware titles automatically marketable after 10 years
BA Delaware law establishing that a 40-year or longer unbroken chain of title from a root of title creates marketable title — simplifying title searches by limiting how far back title must be examined✓ Correct
CA state law requiring all Delaware properties to be surveyed before sale
DA law guaranteeing that all Delaware properties have clear title
Explanation
Delaware's Marketable Title Act (similar to other states' acts) simplifies title searches by establishing that a recorded chain of title extending back at least 40 years from a valid root of title creates marketable title — without having to trace records back to the original land grant. Claims based on events more than 40 years old that are not re-recorded may be extinguished, making searches more efficient.
Related Delaware Escrow & Title Questions
- What is an 'endorsement to title' in Delaware and what does it cover?
- Which type of deed provides NO warranties of title?
- The chain of title refers to:
- In a Delaware real estate closing, the HUD-1 or Closing Disclosure shows:
- In a Delaware closing, who typically selects the title insurance company?
- A lender's title insurance policy protects:
- Which of the following would appear on a seller's closing statement as a credit?
- A Delaware broker holds earnest money in the brokerage trust account. When may the broker disburse this money without all parties' consent?
Practice More Delaware Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Delaware Quiz →