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Bonded titles are titles associated with your vehicle and are issued to you when the original title is assigned incorrectly or is missing. When you apply for a bonded vehicle title you are required to pay a surety bond that ensures you are the true owner of the vehicle in which you are trying to gain a new title.
PWD 504 - Verification of Vessel or Outboard Motor Serial Number (PDF) This form is used to verify the serial number/hull identification number on a vessel or outboard motor. An attempt to trace the serial/identification number is required.
Most of the time, it is okay to purchase a car with a bonded title. However, you would need to transfer the owner of the bonded title to your name or buy a branded new bonded title with your name on it.
It doesnt matter how long it hasnt been registered, the title is the critical piece of paperwork. If the seller doesnt have the title, you can give him money if you want, but as far as the state is concerned you still wont own the boat and will not be able to register it.
Texas Certificate of Title Type of TitleFee Certificate of Title - Standard - Replacement of Lost or Destroyed Title $27 Certificate of Title- Correction Transaction $27 Certificate of Title- Bonded Title $37 Quick Certificate of Title - Expedited Replacement for Lost or Destroyed Title (includes $27 title fee) $642 more rows
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After the bonds expiration, the title is considered clean and no further claims can be made. Texas bonded titles expire after 3 years, at which point you can apply for the bonded brand to be removed.

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