GIVE RESPONSE TO PEER DISCUSSION The contract provision relating to the seller's ability to convey good and marketable title is typically called a "marketable title clause." This clause ensures that the seller has the legal right to transfer ownership of the property to the buyer without any encumbrances or defects in the title. If the seller is unable to provide a clear and marketable title as agreed upon in the contract, it allows the buyer certain options, such as accepting the title with any defects or canceling the agreement and receiving a refund of any deposits made