merchantable title

merchantable title

See marketable title.

References in periodicals archive ?
The traditional mortgage servicing response to a Chapter 7, no-asset filing is to advise counsel to move to lift the automatic stay so that merchantable title can be acquired through foreclosure.
Closing is contingent on the conveyance of merchantable title, approval of regulatory authorities, if applicable, and is anticipated prior to the end of August, 1998.