Merchantable Title – in the area of Real Estate Law this term details the legal right of ownership to real estate, that is clear and free from any legal burdens, encumbrances, litigation, or any other legal defects or shortcomings, and that can easily be sold straight away, or mortgaged. It is advisable to contact an independent property solicitor to check and confirm to you the current legal status of the concrete real estate, before purchasing or selling it, in order to secure your investment in full.