unmarketable title

unmarketable title
Exists when for vendee to accept title proffered such would lay him open to fair probability of vexatious litigation with possibility of serious loss. It being sufficient to render it so if ordinarily prudent man with knowledge of the facts and aware of legal questions involved would not accept it in the ordinary course of business but title need not be bad in fact. Stover v. Whiting, 157 Mich.App. 462, 403 N.W.2d 575, 578.
Exists where some defect of substantial character exists and facts are known which fairly raise reasonable doubt as to title. Schul v. Clapp, 154 Kan. 372,118 P.2d 570, 574.
Title is "unmarketable" where it is of such a character as to expose the purchaser to the hazards of litigation and where there are outstanding possible interests in third persons. Boecher v. Berth, 377 N.Y.S.2d 781, 784.
And mere quibbles and pecadilloes which the ingenuity of counsel can raise against a title do not alone render it an "unmarketable title". Barrett v. McMannis, 153 Kan. 420, 110 P.2d 774, 778
Compare marketable title

Black's law dictionary. . 1990.

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