MARKETABLE-TITLE ACT

By SovConn | June 2, 2013

marketable-title act.A state statute providing that a person can establish good title to land by searching the public records only back to a specified time (such as 40 years). See marketable title under TITLE(2). [Cases: Limitation of Actions 19(1); Vendor and Purchaser 231(1).C.J.S. Limitations of Actions §§ 40, 43; Vendor and Purchaser § 496.]

[Blacks Law 8th]

Posted in Law Dictionary Definitions