/ˈmɑːkɪtəbl (ˈmɜːtʃəntəbl) ˈtaɪtl/ – Phrase
Definition: quyền sở hữu có thể chuyển nhượng được, quyền sở hữu phù hợp với mục đích lưu thông dân sự, quyền sở hữu hoàn hảo, quyền sở hữu không thể nghi ngờ được.
A more throughout explanation: A marketable (or merchantable) title refers to a legal term used in real estate transactions to describe a title that is free from defects or other issues that could affect its transferability or marketability. A marketable title is one that a reasonable buyer would accept as clear and free from any legal challenges or encumbrances that could affect the property’s value or the buyer’s ability to use and enjoy the property.
Example: The seller warrants that they have marketable title to the property being sold, free from any liens or encumbrances.