Escrow & Title
A marketable title in Pennsylvania means:
AThe property has no existing mortgage
BTitle is free from reasonable doubt, liens, encumbrances, and defects that would affect its value or use✓ Correct
CThe property was recently appraised above market value
DThe title is insured by the Commonwealth of Pennsylvania
Explanation
Marketable title is title that is free from reasonable doubt about its validity — no material defects, undisclosed encumbrances, or legal challenges that would cause a reasonable buyer to reject it or face litigation. Most Pennsylvania Agreements of Sale require delivery of marketable title.
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