| 单词 | Marketable title |
| 释义 | 有價業權 In the law of conveyancing, title that a court would compel a purchaser to accept as sufficient when asked by the vendor to decree specific performance: Goldful Way Development Ltd v Wellstable Development Ltd [1998] 4 HKC 679, [1999] 1 HKLRD 563. Marketable title can be given where a vendor is able to offer substantial performance. A good and marketable title is shown to a court if the facts and circumstances are so compelling to the court that it concludes beyond reasonable doubt that the purchaser will not be at risk of a successful assertion of the relevant encumbrance: MEPC Ltd v Christian-Edwards [1981] AC 205. The general principle is what constitutes substantial performance in the conveyancing context and whether the vendor would be conveying substantially what the purchaser had contracted to buy: Kam Kee (Holdings) Ltd v Richeon Co Ltd [2000] 1 HKLRD 710. The doctrine of substantial performance will not apply where the vendor assigns totally different property from that contracted to be assigned: Woonsing Ltd v Wong Yi Ming (HCA 6744/98, unreported). See also Encumbrance; Good root of title; Indefeasibility of title; Land registration; Latent defect in title; Specific performance. 就物業轉易而言，指法庭會強迫某買家接納賣家所要求強制履行判令作為充分的理由：Goldful Way Development Ltd v Wellstable Development Ltd [1998] 4 HKC 679, [1999] 1 HKLRD 563。妥善的業權可在賣家有能力提供實質履行的情況下授予。有價而妥善的業權可向法庭展示，如事實與情況強制性的程度對法庭而言足以由合理的懷疑而下結論，證明買家不會承擔有關產權負擔的成功宣稱：MEPC Ltd v Christian-Edwards [1981] AC 205。一般原則由在物業轉易內容中實質履行及賣家會實質地轉易買家訂約購買的物業所組成：Kam Kee (Holdings) Ltd v Richeon Co Ltd [2000] 1 HKLRD 710。當賣家給予與訂約給予完全不同的物業時，實質履行的原則即不適用：Woonsing Ltd v Wong Yi Ming（高院民事訴訟1998年第6744號，未經彙報）。另見 Encumbrance; Good root of title; Indefeasibility of title; Land registration; Latent defect in title; Specific performance。 |
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