In a sale of real estate, a seller is obligated to transfer marketable title, which means that the title may be bought or sold separately from its subject property even if the title is encumbered or defective.

Question

Quizplus · Accepted Answer

Marketable title means the title is free from significant encumbrances or defects, making it acceptable to a reasonable buyer, not that it can be sold separately from the property.

In a Sale of Real Estate, a Seller Is Obligated