Escrow & Title
What is 'marketable title' in the context of an Oregon real estate sale?
ATitle that will always sell quickly in the market
BTitle that is free from reasonable doubt, with no significant encumbrances or defects that would expose the buyer to litigation or loss✓ Correct
CTitle verified by the state of Oregon
DTitle insured at the highest ALTA level
Explanation
Marketable title is title that is reasonably free from encumbrances, defects, and claims that would create a reasonable risk of litigation. Oregon purchase agreements typically require the seller to deliver marketable title.
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