[culcune]

S_Flex, it works like this in AZ. You take your bike or MCO to a bonding agency, who charges you $$. They guarantee the title of the bike to both you and the state that you are in fact the owner. The state is worried that someone down the road could show up and claim they are the owners based on the VIN of the bike, and you are clearing that up for them. When you buy a home, it is a similar deal--the title company guarantees that there is no one who can claim ownership down the road of your home.