Transferring titles is illegal via federal law. I highly recommend against it. Most likely, nothing will ever come of it. But if it does, you're boned.
I inquired with my state (WA) about how to get a homebuilt title. It sounds like a fairly simple process (I submit application + bill of materials, they issue title + vin). We'll see.
And keep in mind that if the insurance co. should ever find out that the title you're insuring is not the actual hull, you're also boned.