What is one assurance provided by a marketable title to the owner?

A marketable title provides assurance of enjoyment and free conveyance of the property to the owner. This means that the owner can use the property without the risk of legal disputes arising from defects in the title, such as liens or claims by other parties. A marketable title is one that is free from significant defects and can be conveyed without hesitation or legal challenges, ensuring that the owner has the right to enjoy the property fully and transfer ownership without complications.

This assurance is essential for owners because it guarantees that they can occupy and utilize their property as intended. Furthermore, it reinforces the idea that the owner can sell, lease, or otherwise transfer their interest in the property, knowing that there won’t be any unforeseen claims that could disrupt their ability to convey it. Hence, the ability to enjoy and convey the property freely is a critical component of what makes a title "marketable."