Tuesday, October 24, 2006
MARKETABLE AND INSURABLE TITLE
Marketability and insurability of title are subjective.The Pennsylvania Association of Realtors (PAR) sales agreement handles it this way: "The property will be conveyed with good and marketable title as is insurable by a reputable title insurance company at the regular rates......."I like this language. It leaves the insurability opinion in the hands of title insurance companies. The
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