Escrow & Title
Marketable title means:
AThe property has been recently appraised
BTitle that is free from significant defects and would be accepted by a reasonable buyer✓ Correct
CTitle insured by a major title company
DTitle that has been researched back 100 years
Explanation
Marketable title is title that is reasonably free from encumbrances, defects, and claims such that a reasonable, informed buyer would accept it without objection.
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