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marketable title
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marketable title
noun Law.
a title to real property that is free from encumbrances, litigation, and other defects and that can readily be sold or mortgaged to a reasonable buyer or mortgagee.
Also called good title, merchantable title, sound title.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Based on the Random House Dictionary, © Random House, Inc. 2012.
Cite This Source
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Marketable title
is always a great word to know.
So is foreclose. Does it mean:
| to deprive of the right of one to redeem property, especially on a mortgage when due, ownership of property then passing to the mortgagee |
| an action for slander or libel, the explanation and elucidation of the words alleged to be defamatory |
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