Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

good and merchantable abstract of title

An abstract of title showing clear, good, and marketable title, rather than showing only the history of the property. See clear title, good title, and marketable title under TITLE (2).

merchantable

, adj. Fit for sale in the usual course of trade at the usual selling prices; MARKETABLE. - Also termed salable. - merchantability, n. See implied warranty of merchantability under WARRANTY (2).

merchantable title

See marketable title under TITLE (2).

nonmerchantable title

See unmarketable title.

unmerchantable title

See unmarketable title under TITLE (2).