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The California Form REG 262, known as the Vehicle/Vessel Transfer and Reassignment Form, plays a crucial role in the transfer of ownership for vehicles and vessels within the state. This form is essential when buying or selling a vehicle, as it must accompany the title or an application for a duplicate title. It is important to note that this form does not serve as the ownership certificate itself. The form includes several key sections that facilitate the transfer process, starting with the identification of the vehicle or vessel, which requires details such as the make, model, and identification number. Additionally, it contains a bill of sale section where the seller can document the transaction details, including the selling price or gift value, and the date of the sale. The odometer disclosure statement is another critical component, ensuring that the mileage is accurately reported at the time of transfer, as federal and state laws mandate this disclosure to prevent fraud. Furthermore, the form requires both the buyer and seller to provide their information, signatures, and acknowledgment of the odometer reading. Lastly, a power of attorney section allows individuals to appoint someone to act on their behalf in completing necessary documentation. Understanding the nuances of Form REG 262 is vital for anyone involved in a vehicle or vessel transaction in California, as it ensures compliance with legal requirements and protects the rights of both buyers and sellers.

Dos and Don'ts

When filling out the California Form REG 262, here are some important dos and don’ts:

  • Do complete all sections of the form accurately.
  • Do use black or blue ink for signatures.
  • Do ensure all names and addresses are printed clearly.
  • Do include the actual odometer reading without alterations.
  • Don’t submit photocopies of the form; originals are required.
  • Don’t leave any sections blank; incomplete forms may be rejected.
  • Don’t forget to sign and date the form where required.
  • Don’t use this form as a substitute for the ownership certificate.

Document Attributes

Fact Name Details
Purpose of Form The California REG 262 form is used for transferring ownership of a vehicle or vessel. It must accompany the title or application for a duplicate title.
Odometer Disclosure Federal and state laws require that the odometer reading be disclosed at the time of transfer. Alterations to this section will void the disclosure.
Signatures Required All signatures on the form must be in ink. Photocopies are not accepted. This applies to both the buyer and seller.
Power of Attorney The form includes a section to appoint someone as an attorney-in-fact, allowing them to sign necessary documents for the transfer.
Governing Laws This form is governed by California Vehicle Code Sections 5901 and 5902, which outline the requirements for vehicle ownership transfers.

Key takeaways

When filling out the California Form REG 262, there are several important points to keep in mind:

  • Not a Title: This form is not a certificate of ownership. It must accompany the title or an application for a duplicate title.
  • Complete All Sections: Ensure that all sections, including vehicle identification, bill of sale, and odometer disclosure, are fully completed. Incomplete forms may delay the transfer process.
  • Odometer Disclosure: The odometer reading must be accurate and cannot be altered. Any changes made to this section will void the disclosure and require a new statement.
  • Signatures Required: All signatures must be in ink, and photocopies of the form are not accepted. Both the buyer and seller must sign to validate the transfer.

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Example - California Fotm Reg 262 Form

VEHICLE/VESSEL TRANSFER AND REASSIGNMENT FORM

A Public Service Agency

INSTRUCTIONS ON REVERSE SIDE - ALL SIGNATURES MUST BE IN INK - PHOTOCOPIES NOT ACCEPTED

This form is not the ownership certificate. It must accompany the titling document or Application for Duplicate Title. For Car Buyer's Bill of Rights, visit www.dmv.ca.gov.

ACQUISITION NUMBER (DISMANTLER ONLY)

BILL OF SALE VEHICLE/VESSEL ID

ODOMETER

BUYER

SELLER

POWER OF ATTORNEY

SECTION 1 - VEHICLE/VESSEL DESCRIPTION

 

 

IDENTIFICATION NUMBER

YEAR MODEL

 

MAKE

 

 

LICENSE PLATE/CF NO.

MOTORCYCLE ENGINE NUMBER

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SECTION 2 - BILL OF SALE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

I/We

 

 

 

 

 

 

sell,

transfer, and

deliver the above

vehicle/vessel

PRINT SELLER'S NAME(S)

 

 

 

 

 

 

 

 

 

 

 

 

 

to

GEICO

 

on

 

 

 

 

for the amount of

$

N/A

 

 

PRINT BUYER'S NAME(S)

 

 

MO

DAY

YEAR

 

(SELLING PRICE)

If this was a gift, indicate relationship:

 

 

 

 

(e.g., parents, spouse, friend, etc.)

$

(GIFT VALUE)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SECTION 3 - ODOMETER DISCLOSURE STATEMENT (Void if Mileage is Altered or Erased)

Federal and State Law requires that you state the mileage upon transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment.

The odometer now reads

,

ths (no tenths) miles, and to the best of my knowledge

 

 

10

 

reflects the ACTUAL mileage unless one of the following statements is checked.

 

WARNING - ODOMETER DISCREPANCY

Odometer reading is NOT the actual mileage

Mileage EXCEEDS the odometer mechanical limits

Explain odometer discrepancy:

 

 

 

SECTION 4 - BUYER AND SELLER (MUST hand print his or her name, date and sign this section.)

BUYER'S SECTION

I acknowledge the odometer reading and the facts of the transfer. I certify (or declare) under penalty of perjury under the laws of the State of California that the foregoing is true and correct.

PRINT BUYER'S NAME

SIGNATURE

 

DATE

DL/ID OR DEALER/DISM #

 

x

 

 

 

PRINT BUYER'S NAME

SIGNATURE

 

DATE

DL/ID OR DEALER/DISM #

 

x

 

 

 

PRINT BUYER'S NAME

SIGNATURE

 

DATE

DL/ID OR DEALER/DISM #

 

x

 

 

 

BUYER'S MAILING ADDRESS

CITY

STATE

ZIP CODE

DAYTIME TELEPHONE NO

 

 

 

 

 

SELLER'S SECTION

I certify (or declare) under penalty of perjury under the laws of the State of California that the foregoing is true and correct.

PRINT SELLER'S NAME

SIGNATURE

 

 

DATE

 

DL/ID OR DEALER/DISM #

 

 

x

 

 

 

 

 

PRINT SELLER'S NAME

SIGNATURE

 

 

DATE

 

DL/ID OR DEALER/DISM #

 

 

x

 

 

 

 

 

PRINT SELLER'S NAME

SIGNATURE

 

 

DATE

 

DL/ID OR DEALER/DISM #

 

 

x

 

 

 

 

 

SELLER'S MAILING ADDRESS

CITY

STATE

ZIP CODE

 

DAYTIME TELEPHONE NO

 

 

 

 

 

 

 

 

SECTION 5 - POWER OF ATTORNEY

 

 

 

 

 

 

 

 

 

 

 

 

 

I/We

 

 

appoint

 

 

GEICO

 

PRINT NAME(S)

 

 

 

 

PRINT NAME(S)

as my attorney in fact, to complete all necessary documents, as needed, to transfer ownership as required by law.

SIGNATURE REQUIRED BY PERSON APPOINTING POWER OF ATIORNEY

 

 

 

DATE

 

 

x

 

 

 

 

 

 

SIGNATURE REQUIRED BY PERSON APPOINTING POWER OF ATIORNEY

 

 

 

DATE

 

 

x

 

 

 

 

 

 

 

 

 

 

 

 

 

REG 262 (REV. 10/2011)

 

 

 

 

 

 

Detailed Instructions for Writing California Fotm Reg 262

Filling out the California Form Reg 262 is essential for transferring ownership of a vehicle or vessel. After completing the form, ensure that all signatures are in ink, as photocopies are not accepted. Follow these steps carefully to avoid any issues.

  1. Start by entering the Acquisition Number if applicable (Dismantler only).
  2. In Section 1, provide the vehicle or vessel identification details:
    • Identification Number
    • Year
    • Model
    • Make
    • License Plate/CF Number
    • Motorcycle Engine Number
  3. Move to Section 2, the Bill of Sale. Fill in:
    • Seller's Name(s)
    • Buyer's Name(s)
    • Date of sale
    • Amount of sale or gift value
    • If applicable, indicate the relationship if this was a gift.
  4. In Section 3, complete the Odometer Disclosure Statement:
    • Fill in the current odometer reading.
    • Select the appropriate statement regarding the mileage.
    • If there is a discrepancy, provide an explanation.
  5. Proceed to Section 4, where both buyer and seller must handprint their names, sign, and date the form. Include:
    • Buyer's mailing address
    • Daytime telephone number
    • Seller's mailing address
    • Daytime telephone number
  6. If appointing someone as your attorney-in-fact, complete Section 5 by providing their name and signing to grant power of attorney.

Once completed, review the form to ensure all information is accurate. Keep a copy for your records and submit the form along with the necessary titling document or application for duplicate title as required.

Documents used along the form

The California Form REG 262 is essential for transferring vehicle or vessel ownership. However, several other documents often accompany it to ensure a smooth transaction. Below is a list of related forms and documents that may be necessary during this process.

  • Title Certificate: This document proves ownership of the vehicle or vessel. It is crucial for the buyer to receive the title upon purchase, as it must be transferred to their name to register the vehicle.
  • Bill of Sale: This document acts as a receipt for the transaction. It includes details like the purchase price, date of sale, and information about both the buyer and seller. It serves as proof of the sale and may be required for registration.
  • Odometer Disclosure Statement: Often included in the REG 262, this statement discloses the vehicle's mileage at the time of sale. It is a legal requirement to prevent odometer fraud and must be accurately completed.
  • Sworn Affidavit & Proof of Loss Statement: This document is essential for verifying claims and loss declarations, ensuring that all necessary attestations are made. For more information, refer to the Sworn Affidavit & Proof of Loss Statement.
  • Power of Attorney: This form allows one person to authorize another to act on their behalf regarding the vehicle transfer. It can be useful if the seller cannot be present during the transaction.
  • Application for Duplicate Title: If the original title is lost or damaged, this application is necessary to obtain a replacement. It ensures that the buyer can still register the vehicle without the original title.
  • California Car Buyer's Bill of Rights: This document outlines the rights of buyers when purchasing a vehicle. It is important for buyers to understand their rights and protections under California law.

Having these documents in order will help facilitate a smooth transfer of ownership and ensure compliance with California regulations. Always check with the DMV or a legal expert to confirm which documents are necessary for your specific situation.