marketable title

A title that a reasonable buyer would accept because it appears to lack any defect and to cover the entire property that the seller has purported to sell; a title that enables a purchaser to hold property in peace during the period of ownership and to have it accepted by a later purchaser who employs the same standards of acceptability.

— Also termed good title; merchantable title; clear title. [Cases: Vendor and Purchaser 130. C.J.S. Vendor and Purchaser § 324.]

---

词条贡献者

译者崇载，国际名校知识产权法专业，擅长翻译有关人工智能、机器学习和机器人技术领域的法律文件。