Escrow & Title
Marketable title means:
ATitle that is free of all encumbrances
BTitle that a reasonably prudent buyer would accept without objection, free of significant defects✓ Correct
CTitle that has been insured by a title company
DTitle that has been held for at least 10 years
Explanation
Marketable title is title that a reasonable buyer would accept — it may have some minor encumbrances (like utility easements) but is free from defects that would create a reasonable risk of litigation or loss of value.
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