Ouch. I guess the issue is that, if a 'legitimate' owner shows up within 3 years, you could lose the boat and all the money you put into it. Hopefully somebody else can give you some firsthand advice. Good luck, guy.
Looks like they got me all worried for nothing..... They called me today and said thhey had issued the clear title and I would be recieving it in about 7 days ...... WOOHOO! I's is going on da water