MKT

Marketability

The title policies (except Texas) insure marketability of title. Marketable title is established and defined by case law, title standards (in some states), and marketable record title acts (in some states).

Exception

MKTX01 ALTA

Unmarketability of Title

Unmarketability of title due to _____________.
Comment: This exception may be used in connection with a matter that will not threaten title, such as certain gaps or minor defects. The title policies (except Texas) insure marketability of title. Marketable title is established and defined by case law, title standards (in some states), and marketable record title acts (in some states).