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Simple English definitions for legal terms

Marketable Title

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A quick definition of Marketable Title:

Marketable Title: A title to a piece of land that is free from any doubts or legal issues. When someone sells land to another person, they promise to give them a marketable title. This means that the buyer can own the land without worrying about any problems or debts that might come up later. If there are any issues with the land, like unpaid mortgages or zoning violations, the title is not marketable.

A more thorough explanation:

Marketable title refers to a title that is free from any doubts or threats of legal action. When a seller sells land to a buyer, they promise to provide a marketable title to the buyer at the closing date. A title to a piece of land is considered unmarketable if there are any encumbrances on the land, such as mortgages, unless the buyer agrees to them. The title is also unmarketable if the land was obtained through adverse possession or if the land violates any zoning laws.

  • John wants to sell his house to Mary. Before the sale, John must ensure that the title to the house is marketable, meaning there are no liens or other legal issues that could prevent Mary from owning the property.
  • Tom buys a piece of land from Sarah. Sarah promises to provide a marketable title to Tom at the closing date. However, it is later discovered that the land violates zoning laws, making the title unmarketable.

The examples illustrate that a marketable title is essential when buying or selling property. It ensures that the buyer receives clear ownership of the property without any legal issues or disputes. If the title is unmarketable, it can cause problems for both the buyer and the seller, leading to legal disputes and financial losses.

Market Value | Marriage

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15:46
@Thespinelessspinnerspinnedspinepriortopervingpines: I am unsure what ''mewing" means without context. However, I can say that if you mean a technique that involves placing your tongue on the roof of your mouth to improve your jawline and facial structure, I can confirm you are correct, and Mewing works, for jawline is my most notable feature expressed by new acquaintances.
15:49
@This-Is-It: Did not see your comment until I posed ^, but wow Trofim really puts the line into jawline
Thespinelessspinnerspinnedspinepriortopervingpines
15:49
I mean like a cat
15:49
go mew a curb asshole
Thespinelessspinnerspinnedspinepriortopervingpines
15:50
Mew mew
Thespinelessspinnerspinnedspinepriortopervingpines
15:50
Llama y cat stop the panther stuff one day
Thespinelessspinnerspinnedspinepriortopervingpines
15:51
You can
15:58
I wish I could, but this is the new me. After successfully building an artificial savant syndrome inducing machine [Patent Pending], I have obtained extraordinary abilities and talents in specific areas, notably written communication and understanding. I will use these newly acquired abilities to score a 180 in April. Regretfully, this trade off comes at a great cost to normies, such as yourself, who have to endure my rather mechanical expressive syntax.
Thespinelessspinnerspinnedspinepriortopervingpines
16:00
now do it in spanish
16:07
Savant says no can do.
18:23
Waves monday what do we think?
18:24
WL @ WUSTL is my biggest achievement of the cycle
18:24
10 pts under LSAT median and god knows how far below GPA, I am officially "passable for attendance"
This-Is-It
18:29
@MrThickRopes: Definite UGA big wave.
18:31
Waves at Loyola, Penn State, Baylor, SMU, GWU, Iowa, W&L, Alabama, Utah, UF, OSU, or Berk?
18:31
Or Fordham?
18:35
I hope Alabama wave
18:36
ALABAMA
18:36
SWEEEET HOOOOME ALABAMA
18:37
lol but they can take their Time if they are coming with good news
19:03
I want decision
19:03
s
sweetcoffee
21:15
Man these weekend Duke A's. Wild.
22:15
Weekend decisions are wild
22:16
I thought we were gone have peace, now im wondering if my schools suddenly gone drop
Anyone know what time UGA releases decisions?
sweettea
22:24
@HBCUGirlll: Just as a warning, I would be really wary of a school that will accept you with a 143 LSAT. A lot of the time they are predatory institutions that will put you into massive debt you may never be able to pay off. This is not to say you absolutely can't get into a law school that suits your needs, just make sure to check the terms and conditions before you accept
sweettea
22:25
As someone who chose to increase my LSAT score and reapply to law school the following year, I know it's a hard decision to make but if you would ever like some support in continuing your LSAT journey I know myself and many others in the chat would be happy to help
22:54
You should be at least in the 150s
22:54
Strongly recommend taking the test again with a 143
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