Marketable
Defined in 3 dictionaries — Black's (1910), Black's (1891), Abbott (1879)
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
Such things as may be sold in the market; those for which a buyer may be found.
— Marketable title. A "marketable title" to land ls such a title as a court of equity, when asked to decree specific performance of the contract of sale, will compel the vendee to accept as sufficient. It is said to be not merely a defensible title, bat a title which is free from plausible or reasonable objections. Austin v. Baraum, 52 Minn. 136, 53 N. W. 1132; Vought v. Williams, 46 Hun (N. Y.) 642; Brokaw v. Duffy, 165 N. Y. 391, 59 N. B. 196; Todd v. Union Dime Sav. Inst., 128 N. Y. 636, 28 N. E. 504.
A Dictionary of Law
Henry Campbell Black · 1891
Such things as may be sold in the market; those for which a buyer may be found.
Dictionary of Terms and Phrases Used in American or English Jurisprudence
Benjamin Vaughan Abbott · 1879
That which may lawfully and justly be sold. Thus, decayed and unwholesome provisions are not marketable. Marketable title, to land, is such title as a purchaser may, in view of a court of equity, be compelled to accept as sufficient. This has been defined as being a title which is not merely good, but free from plausible or reasonable objection. It is, however, quite settled, that, so far as a purchaser's objection is one of pure law, the court, if the objection appears untenable, will not refrain from compelling him to complete his purchase by reason of any supposed doubtfulness in the state of the law on the subject.