2. Marketable Title
i. Title that is free from reasonable doubt
ii. Doubtful means that it exposes the party holding it to the hazard of litigation
b. Marketable Title is the default position in contracts for sale
i. You can contract for perfect title only by expression
c. Existence of City Ordinances cannot render unmarketable title because the ordinances are public information and there is a presumption of knowledge of their existence.
i. The violation of theses ordinance can render title unmarketable, exposing the buyer to threat of litigation
d. Existence of Restrictive covenants can render title unmarketable because they are private information and open purchaser to the treat of litigation
e. Title acquired by adverse possession can be marketable but requires a finding by the trier of fact
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