The California Form Reg 262 is a crucial document used for the transfer and reassignment of vehicle or vessel ownership. This form must accompany the title or application for a duplicate title and is not a certificate of ownership itself. To ensure a smooth transaction, it is essential to fill out this form accurately and completely.
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1. Understand the Purpose of the Form: The California Form REG 262 is essential for transferring ownership of a vehicle or vessel. It is not the ownership certificate, but it must accompany the title or an application for a duplicate title.
2. Complete All Required Sections: Ensure that all sections of the form are filled out completely. This includes the vehicle or vessel identification, bill of sale, odometer disclosure statement, and buyer/seller information.
3. Odometer Disclosure is Mandatory: The seller must accurately disclose the odometer reading at the time of sale. Any alterations to this section will void the disclosure, necessitating a new statement signed by both parties.
4. Signatures Must Be in Ink: All signatures on the form must be in ink. Photocopies of the form are not acceptable for submission, though you may keep copies for your records.
5. Power of Attorney Section: If appointing someone to act on your behalf, complete the power of attorney section. This person can sign necessary documents for the transfer, but they cannot complete the odometer disclosure.
6. Know Your Rights: Before signing the form, familiarize yourself with your rights as a buyer or seller. Refer to the Car Buyer's Bill of Rights and other resources available on the DMV website.
The California Form REG 262 is an essential document used for transferring ownership of a vehicle or vessel. When completing this process, several other forms and documents may also be required to ensure a smooth transaction. Below is a list of commonly used documents that often accompany the REG 262 form, along with brief descriptions of each.
Having the appropriate forms and documents ready can significantly streamline the vehicle or vessel transfer process in California. It is advisable to check with the DMV or a legal professional to ensure all requirements are met before proceeding with the transfer.
The California Form Reg 262 is a crucial document for vehicle and vessel transfers. Several other documents serve similar purposes in different contexts. Here’s a list of seven documents that share similarities with the Reg 262 form:
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Neglecting to complete all sections: Many individuals fail to fill out every required section of the form. Each part is essential for ensuring a smooth transfer of ownership. Missing information can lead to delays or complications.
Using photocopies: Some people mistakenly submit photocopies of the form instead of the original. The instructions clearly state that photocopies are not accepted. Always provide the original document to avoid rejection.
Failing to sign in ink: Signatures must be in ink, yet many overlook this requirement. Digital or pencil signatures do not meet the criteria and can invalidate the form.
Incorrect odometer disclosure: The odometer section must be filled out accurately. Any alterations, such as cross-outs or corrections, will void the disclosure. This is a critical area that requires careful attention.
Not providing accurate buyer and seller information: It’s vital to include complete names and addresses for both parties. Incomplete or incorrect information can lead to ownership disputes or registration issues later.
Ignoring power of attorney requirements: If someone is acting as an attorney-in-fact, they must complete the power of attorney section correctly. Failing to do so can result in delays or the need to re-submit the 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
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
SELLER'S MAILING ADDRESS
SECTION 5 - POWER OF ATTORNEY
appoint
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
REG 262 (REV. 10/2011)