Escrow & Title
In NC, 'marketable title' means:
ATitle that has been listed on the MLS
BTitle free from reasonable doubt about ownership, with no material encumbrances that a reasonable buyer would object to✓ Correct
CTitle accompanied by the highest possible title insurance policy
DTitle that was acquired less than 10 years ago
Explanation
Marketable title is title that a reasonable, well-informed buyer would accept — free from significant defects, unreasonable encumbrances, or serious doubts about ownership. A buyer who contracted for marketable title can refuse to close if title is not marketable.
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