Which of the following is meant by Ciaran's statement that Luisa has marketable title?
A)That she has legal title and that there are no liens or restrictions on the property of which she is unaware.
B)That Luisa has the legal title,not Ciaran,and that she,therefore,has responsibility for all repair.
C)That all taxes have been paid.
D)That all taxes have been paid,that Luisa not Ciaran)has legal title and has responsibility for all repairs,and that there are no liens or restrictions on the property.
E)That all taxes have been paid and that there are no liens or restrictions on the property,but not that Luisa has legal title.

Question

Quizplus · Accepted Answer

A)While the buyer's deposit is in escrow,a title company or representative of the buyer or seller will search the county records to make sure the seller in fact has legal title to the property,there are no liens on it,and there are no restrictions of which the buyer is not aware.A title free of such defects is called a marketable title.
B)While the buyer's deposit is in escrow,a title company or representative of the buyer or seller will search the county records to make sure the seller in fact has legal title to the property,there are no liens on it,and there are no restrictions of which the buyer is not aware.A title free of such defects is called a marketable title.
C)While the buyer's deposit is in escrow,a title company or representative of the buyer or seller will search the county records to make sure the seller in fact has legal title to the property,there are no liens on it,and there are no restrictions of which the buyer is not aware.A title free of such defects is called a marketable title.
D)While the buyer's deposit is in escrow,a title company or representative of the buyer or seller will search the county records to make sure the seller in fact has legal title to the property,there are no liens on it,and there are no restrictions of which the buyer is not aware.A title free of such defects is called a marketable title.
E)While the buyer's deposit is in escrow,a title company or representative of the buyer or seller will search the county records to make sure the seller in fact has legal title to the property,there are no liens on it,and there are no restrictions of which the buyer is not aware.A title free of such defects is called a marketable title.

Which of the Following Is Meant by Ciaran's Statement That