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.]


专业法律词汇 词条贡献者
法律翻译Jenny,毕业于一所旨在培养高级翻译专业人才的翻译院校,专注翻译各类与重组与破产有关的法律文件。
Scroll to Top