Third degree felony -- False evidences of title and registration. It is a third-degree felony.A good rule of thumb is if the title contains a place for a notary, have the seller`s signatures notarized. What are available options for me out there? I've looked into Bond Titles or selling the car thru CarMax or CarStub. If you do not apply for a title within that time, you may be charged a penalty. A title demonstrates the legal ownership of a vehicle or boat.