merchantable title

merchantable title

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Universalium. 2010.

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Look at other dictionaries:

  • merchantable title — n: marketable title at title Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • merchantable title — A marketable title. A title which a reasonably prudent man would accept in the ordinary course of business after being fully apprised of the facts and the law applicable thereto. Holliday v Arthur, 241 Iowa 1193, 44 NW2d 717, 24 ALR2d 1302;… …   Ballentine's law dictionary

  • merchantable title — Law. See marketable title …   Useful english dictionary

  • merchantable title, abstract, and deed — A phrase expressive of a vendor s obligation meaning that he must furnish an abstract of title showing in itself a marketable title of record in the vendor and execute a deed conveying a marketable title of record to the purchaser. Campbell v… …   Ballentine's law dictionary

  • non-merchantable title — The title to realty need not be bad in fact to render it non merchantable , but it is sufficient, if an ordinarily prudent man with knowledge of facts and aware of legal questions involved would not accept it in ordinary course of business.… …   Black's law dictionary

  • non-merchantable title — The title to realty need not be bad in fact to render it non merchantable , but it is sufficient, if an ordinarily prudent man with knowledge of facts and aware of legal questions involved would not accept it in ordinary course of business.… …   Black's law dictionary

  • title — ti·tle n [Anglo French, inscription, legal right, from Old French, from Latin titulum inscription, chapter heading, part of the law that sanctions an action] 1 a: the means or right by which one owns or possesses property; broadly: the quality of …   Law dictionary

  • merchantable — /marchantabal/ Goods, to be merchantable, must be fit for the ordinary purposes for which such goods are to be used, Consolidated Supply Co. v. Babbitt, 96 Idaho 636, 534 P.2d 466, 468, and conform to any promises or affirmations of fact made on… …   Black's law dictionary

  • merchantable — /marchantabal/ Goods, to be merchantable, must be fit for the ordinary purposes for which such goods are to be used, Consolidated Supply Co. v. Babbitt, 96 Idaho 636, 534 P.2d 466, 468, and conform to any promises or affirmations of fact made on… …   Black's law dictionary

  • title — A mark, style, or designation; a distinctive appellation; the name by which anything is known. Thus, in the law of persons, a title is an appellation of dignity or distinction, a name denoting the social rank of the person bearing it; as duke or… …   Black's law dictionary

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