Marketability of Title in Missouri
From WFG Wiki
Overview
- “A marketable title is one which not only enables the holder to hold the land, but to hold it in peace, and if there is a wish to sell, to be reasonably sure that no flaw or doubt will come up to disturb its marketable value.” Davis v. Stewart Title Guar. Co., 726 S.W.2d 839, 850 (Mo.App. W.D.1987). Black's Law Dictionary defines marketable title as: “[A] title that is free from encumbrances and any reasonable doubt as to its validity.”
Forty Bon, Inc. v. St. Louis Inv. Properties, Inc., 965 S.W.2d 471, 473 (Mo. Ct. App. 1998)
