Escrow & Title
In Kansas, what is the key difference between 'marketable title' and 'insurable title'?
AThey are legally identical under Kansas law
BMarketable title is free from reasonable doubt of defects; insurable title may have defects but a title company agrees to insure against them — these may not be the same✓ Correct
CInsurable title is always superior to marketable title
DMarketable title only applies to commercial properties
Explanation
Marketable title is free from reasonable doubt of defects — a reasonably knowledgeable buyer would accept it. Insurable title may have technical defects that the title company is willing to insure against. A property can be insurable but not technically marketable.
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