Escrow & Title
In North Dakota, 'marketable title' means:
ATitle that is free from any clouds or defects that would cause a reasonable buyer to refuse✓ Correct
BTitle that has been marketed widely
CAny title that can be sold
DTitle with minor defects that don't affect value
Explanation
Marketable title is title reasonably free from encumbrances, defects, and doubts that would cause a reasonable purchaser to refuse the property or would expose the buyer to litigation. It's a standard contractual requirement in North Dakota purchase agreements.
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