Standard Exception Topic
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).
Exceptions
Standard Exception Subtopic
MKTX01
ALTA
03/16/2009
V
1
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).