Determine that it is not war loot undermining good and marketable title
or otherwise criminally obtained.
Sellers are nearly always already contractually obligated to provide it as evidence of marketable title
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.
29) To avoid this result, marketable title
is presumed in all land sale contracts, even if it is not specifically stated,(30) "[M]arketability of title is concerned with impairments on title to a property.
They confirm that the seller has - and the buyer will obtain - marketable title
to the acquired company's property.
Even where a contract to purchase specifically provides that a good and marketable title
of record is not required, the seller's failure to disclose the pendency of a known claim to title may subject the seller to liability in tort.
Your disposition will not become a marketable title
The process ensures that your wishes will be carried out, that the right people get your assets according to your will (or the intestacy laws of your state, if you die without a will) and that the people receiving your assets get them with clear, marketable title
Department of Housing and Urban Development's regulations prohibiting legal restrictions on conveyance and requiring lenders to convey clear marketable title
They have also shelved discussions over the name of the new superauthority - with the most internationally marketable title
'Greater Birmingham' proving unpalatable to leaders from the Black Country, Solihull and Coventry.
Indeed, "The Kung Fu Kid" would have made a more accurate if less marketable title
, as Mr.
This is the form which confirms to the lender that all matters relating to the property are acceptable, that there are no onerous covenants or lack of rights of access or services to the property, and that, in the opinion of the solicitor, the property has a good and marketable title