Contracts
Vermont's 'good and marketable title' standard requires that the seller provide title that:
AIs merely recorded in the town land records
BIs free from reasonable doubt, encumbrances that would affect value or use, and defects a reasonable buyer would object to✓ Correct
CHas no mortgage of any kind
DHas been in the same family for at least 50 years
Explanation
Good and marketable title means title that a reasonably prudent buyer, advised by competent counsel, would willingly accept — free from reasonable doubt, significant encumbrances, or defects that would materially affect value or use.
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