Escrow & Title
Vermont's 'marketable title' standard means the title must be:
APerfect in all respects with zero recorded instruments
BReasonably free from significant defects, encumbrances, or conflicting claims that would make a reasonable buyer hesitate to purchase✓ Correct
CApproved by the Vermont Supreme Court
DInsured by a title insurance company
Explanation
Marketable title is title that a reasonable buyer would accept — reasonably free from defects, material encumbrances, and conflicting claims. Minor technical defects or immaterial encumbrances do not necessarily render title unmarketable, but significant clouds or disputes do.
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