Property Ownership
A Virginia property owner's title is best described as 'marketable' when:
AIt is insured by a title company
BIt is reasonably free from defects, liens, and encumbrances that would affect value✓ Correct
CIt is held in fee simple absolute without conditions
DIt has been owned by the same family for 50+ years
Explanation
Marketable title means title that is free from reasonable doubt about ownership — no defects, unreleased liens, or encumbrances that would cause a buyer to refuse or expose them to litigation.
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