Property Ownership
In Minnesota, a 'marketable record title' under the Minnesota Marketable Title Act is one that:
AHas been insured by a national title company
BHas a chain of title for at least 40 years that contains no claims or defects✓ Correct
CHas been recorded and certified by the county attorney
DHas been reviewed and approved by the District Court
Explanation
Minnesota's Marketable Title Act establishes that a chain of title based on a root of title (a recorded conveyance) at least 40 years old is 'marketable,' extinguishing claims and interests not referenced in that chain. This simplifies title examination by limiting how far back searches must go.
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