Ya, that's pretty much the routine. I've done it twice. It can get tricky at the Canadian border with a boat/trailer that's from a non-title state (like Tennessee) when the official demands to see a title that does not exist.
2005 X2, Viper Red, MCX, OJ TZ-X5 prop, PPass, rear 750 sacs, KGB, IBS, Bennett Wake Plate, custom wake shaper
(previous) 2001 X5, 1991 TriStar 190