Which of the following best describes marketable title?

Marketable title is best described as a title to a property that is free from defects or disputes. This concept is crucial in real estate transactions because it provides assurance to the buyer that they will not face legal challenges regarding ownership in the future. Buyers generally expect that their interest in the property will not be contested by others, and a marketable title assures them that ownership is clear and enforceable.

When a title is free from defects, it means that there are no unresolved liens, mortgages, or claims against the property that could impede the buyer's use or enjoyment of it. This assurance enhances the property's value and facilitates smoother transactions, as it reduces the risks associated with ownership.

In contrast, titles with known defects or disputes, those limited by zoning restrictions, or provisional titles subject to future claims do not meet the standard for marketable title. Each of those scenarios introduces uncertainties or limitations that could complicate ownership rights, making them unsuitable descriptions for a marketable title.