Ohio License Law
What is the Ohio Marketable Title Act and its significance?
AIt sets standards for real estate marketing
BIt limits the period of title examination to 40 years, clearing ancient claims and simplifying titles✓ Correct
CIt requires disclosure of title defects
DIt governs title insurance in Ohio
Explanation
Ohio's Marketable Title Act (ORC 5301.47-5301.56) provides that a clear, unbroken chain of title for 40 years extinguishes older claims and interests, simplifying title examination and facilitating real estate transactions.
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