Property Ownership
Pennsylvania's 'Marketable Record Title Act' helps clear title by:
AExtinguishing all claims against property that are not re-recorded within a specified period✓ Correct
BRequiring sellers to buy title insurance before listing
CGuaranteeing the state will defend any title claim
DAutomating the transfer of title at closing
Explanation
Pennsylvania's Marketable Record Title Act limits the period during which old claims and encumbrances remain effective. By requiring interests to be re-recorded or re-asserted within a specified period, the act helps clear ancient defects from title, making searches more efficient and titles more marketable.
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