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good and marketable title

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good and marketable title
A title to real estate,free of any liens or adverse claims.
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For example, it is usual to have a clause stating that if there is a defect in the legal title which would not enable the buyer's solicitor to certify to a mortgage lender that the property had good and marketable title, the buyer would have the option to withdraw from the Lock Out Agreement and the deposit would be refunded to him.
Agreements to bring some peace of mind; The law room With a difficult ... by The Journal (Newcastle, England)
It is only when the buyer's solicitor is satisfied that the property has a good and marketable title, and the seller is able to vacate on the completion date, that contracts will be exchanged.
Search could stop your cash going down the drain by Liverpool Echo (Liverpool, England)
It is only when the buyer's solicitor is satisfied that the property has a good and marketable title,and the seller is able to vacate on the completion date, that contracts will be exchanged.
Midweek Homes: Did we have to pay stamp duty?; Your legal queries ... by Liverpool Echo (Liverpool, England)
 
 
 
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