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Yes it is legal in all 50 sates to transfer a vehicle with out a title. It is done all the time, for that matter when you buy a new car you do not get a title you get a MSO so all vehicles start out with out a title. In some states they will not register the vehicle without a title. all states have a procedure for obtaining lost titles. Most are complicated and you may have to end up in court or do all the steps and not get a title. Be sure to give or get a notarized Bill of sale with Buyer and sellers address, VIN number, date and amount on it. and in some states a statement of fact notarized from the seller is required.

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Q: Is it legal in Indiana to transfer ownership interests in a car without delivering title to the buyer?
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