Explain what is meant by "marketable title" name two ways in which an owner who holds less than marketable title can overcome doubts regarding it's marketability and make a sale of the property possible.

(Please give a short answer)

Will post the correct answer in 12 hours
Will post another question in 12 hours

Correct the Defect; Buy Title Insurance . . . . or take the least expensive way out and simply wait until 40 years have gone by without a challenge to your Ownership.

The definition of Marketable Title is State/Commonwealth specific and is established/defined by Statute . . . . so answers may vary considerably by Jurisdiction.

1.) Lie
2.) Not Disclose

Answer: marketable title is title that is free from reasonable doubt as to who the owner is. Cures for less than marketable title include quiet title suit, title insurance, and quitclaim deeds from those claiming an interest in the property

I'm thinking Dem here is on to something. These little nuggets may be a good review for all of us...okay, some of us...okay, me to be specific. I liked the answer Dem posted to the "assumable loan misrepresentation" post...very thorough. That one was probably not state specific...