Which of the following is NOT a factor for determining whether a title is marketable?

Marketable title refers to a title that is free from significant defects or clouds, making it acceptable for sale or financing. When evaluating factors that determine whether a title is marketable, clear ownership, absence of liens, and legal access to the property all play a crucial role.

Clear ownership means that the current owner holds the title outright and there are no disputes over property ownership. Absence of liens signifies that there are no outstanding debts or claims against the property that could affect ownership. Legal access to the property ensures that there are no restrictions on reaching the property, which is essential for its usability and value.

Property insurance, while important for protecting against loss or damage to the property, does not directly influence the legal status or the marketability of the title itself. Therefore, it is not considered a factor in determining whether the title is marketable. This distinction is critical in title insurance practice, as the focus is on legal aspects rather than insurance coverage.