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Marketable title |
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Marketable TitleTitle which can be readily marketed (sold) to a reasonably prudent purchaser aware of the facts and their legal meaning concerning liens and encumbrances.Marketable titleA clear, reasonably incontestable title to a piece of real estate that is good for transaction purposes.Marketable title Similar MatchesMarketable securitiesMarketable securitiesSecurities that are easily convertible to cash because there is high demand allowing them to be sold quickly. Unmarketable TitleUnmarketable TitleTitle which contains defects that would allow a purchaser to be released from his obligation to purchase. Nonmarketable securityNonmarketable securitySecurities that cannot be easily bought and sold. |
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