A marketable title is one that is free from any legal defects and can be easily transferred to another individual. This means that the person holding the title has the legal right and ability to transfer ownership of the property. It is important to have a marketable title when buying or selling property to ensure a smooth and legal transfer. Without a marketable title, there may be complications and disputes over ownership. Therefore, it is crucial to thoroughly research and verify the title before entering into any property transactions.
