You might want to ask a question about the title issue separately, with the subject in the title of the post to catch attention. Some people here have bought and sold fleets of used boats, and I recall seeing comments in the past about what to do if you need a title in your state but no official title exists. I seem to recall that "there's always a way" to get around this problem. After all, the state WANTS your registration money and they aren't about to let opportunities for that slip away. You can bet they have a way to give you legitimate title to the boat as long as you can demonstrate that the sale was legal.
YakCatcher Rod Holder