Tax sale glossary
Marketable title
Title without reasonable doubt that would interfere with a sale or expose the buyer to a probable competing claim. Marketability depends on the law and the transaction. It differs from insurable title, which concerns the coverage an insurer offers.
Go deeper: Marketable title and insurable title.
Sources
Statutes, court decisions and reference material used on this page. Laws and fees change, so confirm against the current source before you act.
- Barrera v Chambers, 2007 NY Slip Op 02497 · New York State Law Reporting Bureau · Published · Checked
Related terms
- Title insurance
- Insurance against covered losses from defects in property title. The policy states its coverage, exclusions and exceptions. An owner’s policy protects the insured owner; a lender’s policy protects the lender’s interest.
- Insurable title
- Title an insurer is willing to cover under a particular policy, with stated conditions and exceptions. Coverage can exclude a known claim, so read the actual policy and ask what protection remains after any tax-sale exception.
Tax Sale Atlas publishes educational information about public tax sale processes. This is not legal, financial, or investment advice. Rules, dates, and fees change; confirm with the county office before you bid.
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