I've been working on buying a boat where I borrow about 20% of the value of a boat from our credit union. The "title" on the trailer isn't technically a title (it seems). It's a certificate of origin and all the slots on the back for transfer have been filled up with the last one not being the current owner's name. However, this certificate of origin indicates the weight of the trailer is 649 lbs (single axle), which is less than the 750 lbs that the DMV indicates requires title and licensing on trailers.
Because it's not required to be registered or titled, I can't see any prior owners having gone to the trouble or payed the fees for it. The credit union won't proceed unless we can sort out the title on the trailer at the DMV. My guess is that will be a hassle and take several days.
The title for the boat is fine.
Anyone run into this sort of thing with small untitled trailers before or have suggestions?