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The California Form REG 262, officially known as the Vehicle/Vessel Transfer and Reassignment Form, functions as a crucial document within the process of transferring and reassigning the ownership of vehicles or vessels within the state of California. This form, by legislative design, requires all signatures to be original and explicitly states that photocopies are not acceptable, underscoring the importance of authenticity and accuracy in the transaction process. Serving not as the certificate of ownership but as a companion document, the REG 262 must accompany either the titling document or an application for a duplicate title to ensure the transfer is acknowledged and processed correctly by the Department of Motor Vehicles (DMV). It incorporates several key sections including a detailed identification of the vehicle or vessel, a bill of sale which outlines the transaction between buyer and seller, an odometer disclosure statement to ensure the buyer is informed of the accurate mileage of the vehicle, and sections for both the buyer and seller to hand print, sign, and date to officiate the transfer. Additionally, the form provides a power of attorney section, allowing for the appointment of a representative to complete all necessary documentation for the transfer, with the notable exception that this power does not extend to the odometer disclosure statement. The inclusion of the Car Buyer’s Bill of Rights in the instructions section further emphasizes the state’s commitment to informed and transparent transactions. This paperwork thereby embodies a meticulous process designed to safeguard the integrity of vehicle and vessel transactions in California.

Sample - 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)

 

 

 

 

 

 

File Specs

Fact Name Description
Form Purpose The REG 262 form is used for vehicle/vessel transfer and reassignment.
Usage Requirement This form must accompany the titling document or Application for Duplicate Title.
Ink Signature Requirement All signatures on the form must be in ink; photocopies are not accepted.
Odometer Disclosure Federal and State law requires the disclosure of the mileage upon transfer of ownership.
Bill of Sale and Gift Section 2 of the form acts as a Bill of Sale and includes provisions for gifts.
Power of Attorney Includes a section for appointing a Power of Attorney for completing necessary documents.
Odometer Alteration An alteration to the odometer disclosure voids the section and requires a new statement.
Governing Law The form is governed by both Federal and California state law.

Steps to Filling Out California Fotm Reg 262

When it's time to transfer ownership of a vehicle or vessel in California, Form REG 262, also known as the Vehicle/Vessel Transfer and Reassignment Form, plays a crucial role. This document is essential for documenting the change in ownership and ensuring all pertinent information is accurately recorded. Given its importance, accurately filling out Form REG 262 is a step-by-step process that requires close attention to detail.

  1. Start with Section 1 - Vehicle/Vessel Description by entering the vehicle's or vessel's identification number, year, model, make, license plate or CF number, and if it's a motorcycle, the engine number.
  2. In Section 2 - Bill of Sale, fill in the seller's and buyer's names. Clearly write the sale price in the spaces provided. If the vehicle or vessel is a gift, indicate the relationship between the giver and receiver and the value of the gift.
  3. Proceed to Section 3 - Odometer Disclosure Statement. The seller must state the vehicle's current mileage. Check the appropriate box if the mileage shown is not the actual mileage, or if it exceeds the odometer's mechanical limits. If there is a discrepancy, provide an explanation.
  4. Section 4 - Buyer and Seller information requires both parties to hand print their names, sign, and date the form. Buyers must also provide a mailing address, city, state, ZIP code, and a daytime telephone number. Sellers do the same in their respective section.
  5. For Section 5 - Power of Attorney, if someone is acting on behalf of the buyer or seller to complete this form, their name(s) and signature(s) will go in this section. Remember, the Power of Attorney cannot complete the odometer disclosure statement.

Once each section is filled out, double-check every field for accuracy. This form, along with the title or application for a duplicate title, must then be submitted to the DMV, either in person or by mail, as part of the transfer process. Keeping a photocopy of the completed form for your records is advisable.

Discover More on California Fotm Reg 262

What is Form REG 262 and when is it required in California?

Form REG 262, known as the Vehicle/Vessel Transfer and Reassignment Form, is a document necessitated by the California Department of Motor Vehicles (DMV) during the process of transferring ownership of a vehicle or vessel. It serves multiple purposes, encapsulating a bill of sale, odometer disclosure statement, and power of attorney, all in one. This form is pivotal when the title or Application for Duplicate Title lacks sufficient space for recording all required information or when a detailed record of the transaction is required. Notably, it must be filled out in ink, as photocopies are not accepted by the DMV.

Why can't I use photocopies of Form REG 262 when submitting documents to the DMV?

The California DMV mandates the use of the original Form REG 262 for documentation purposes to ensure the authenticity and integrity of the information provided. Photocopies could potentially be altered, leading to fraudulent activities. The requirement for original, ink-signed documents aids in preventing forgery and ensures that the information is directly provided by the rightful parties involved in the vehicle or vessel transfer.

Can Form REG 262 be used as the title to the vehicle?

No, Form REG 262 is not a substitute for the vehicle title. Its primary function is to supplement the titling document or the Application for Duplicate Title by providing a structured form for noting the sale, transfer, and reassignment details that may not fit onto the original title document. The actual vehicle title or Application for Duplicate Title must be submitted along with Form REG 262 for the transfer of ownership to be recognized by the California DMV.

Where can I obtain Form REG 262?

Form REG 262 is not available online due to its carbon copy nature. To obtain a copy, you must visit a local DMV office or request to have the form mailed to you directly by contacting the DMV. This ensures that each party involved in the transaction receives a carbon copy of the form for their records, maintaining the document's integrity and authenticity.

Is Form REG 262 required for every vehicle or vessel transaction in California?

While Form REG 262 is crucial for many transactions, it is not always required. Its necessity comes into play when there is insufficient space on the title or Application for Duplicate Title to include all mandatory information for the transfer of ownership, or when a detailed bill of sale is necessary. However, for most standard transactions where the title contains adequate space for all pertinent details, this form may not be obligatory.

What sections are included in Form REG 262?

Form REG 262 includes several key sections: a Vehicle/Vessel Description, Bill of Sale, Odometer Disclosure Statement, Buyer and Seller Information, and Power of Attorney section. These segments collect comprehensive details regarding the vehicle/vessel, the terms of the sale or transfer, accurate mileage at the time of sale, and the official acknowledgement and signatures of both the buyer and seller. Additionally, there is a provision for assigning a Power of Attorney for completing transfer documents on behalf of the parties involved.

How should discrepancies in the odometer reading be handled on Form REG 262?

If the odometer reading is known to be inaccurate, either because it is not the actual mileage, or it exceeds the mechanical limits of the odometer, this must be clearly indicated in the Odometer Disclosure Statement section of Form REG 262. Detailed explanations for the discrepancy must be provided, ensuring full disclosure. Failure to complete this section accurately can result in fines and/or imprisonment due to the legal requirement for honest and accurate reporting of vehicle mileage.

What happens if I make a mistake while filling out Form REG 262?

If a mistake is made while completing Form REG 262, it is advised not to alter the form by making write-overs, cross-outs, or use of correction fluid, as this could void the document. Instead, you should obtain a new Form REG 262 and fill it out correctly. This precaution is vital to maintain the document's integrity and ensure all details are transparently and accurately recorded.

Common mistakes

  1. Not using ink for signatures: The form clearly specifies that all signatures must be written in ink. Using any other writing medium, such as pencil, can render the form invalid or delay the process because the form states, "ALL SIGNATURES MUST BE IN INK." This mistake can easily be avoided by ensuring that all parties sign the document with an ink pen.

  2. Failing to check appropriate boxes in the odometer disclosure section: Accurate odometer declaration is a legal requirement. Omitting this crucial step, or providing false information, not only voids the odometer disclosure but also subjects the parties to potential fines and/or imprisonment. The form specifies, "Void if Mileage is Altered or Erased." It's imperative to review and mark the correct statement regarding the actual mileage, any discrepancy, or if the mileage exceeds mechanical limits.

  3. Incomplete buyer or seller information: Skipping details in the buyer and seller section lessens the document's validity. Both parties must hand print their names, date, and sign this section to confirm the transaction details accurately. Co-owners have specific requirements based on whether they are joined by "AND" or "OR," affecting how signatures are handled. Failure to provide complete and accurate information can result in processing delays or denial of transfer.

  4. Ignoring the power of attorney section when applicable: If a party appoints someone as their attorney-in-fact to handle the document, this section cannot be overlooked. The appointed individual must sign the document, acknowledging their role in the vehicle or vessel's transfer of ownership as per the directive, "SIGNATURE REQUIRED BY PERSON APPOINTING POWER OF ATTORNEY." Neglecting this step when it's required can invalidate the attempt to delegate authority for the vehicle's transfer process.

Documents used along the form

When handling vehicle transactions in California, particularly involving the California Form REG 262 (Vehicle/Vessel Transfer and Reassignment Form), it’s important to be familiar with other forms and documents that may be required. This knowledge ensures a smooth transfer of ownership and compliance with California Department of Motor Vehicles (DMV) requirements.

  • Title or Application for Duplicate Title: The official document that proves ownership of the vehicle. If the original title is lost, a duplicate must be applied for.
  • Application for Registration of New Vehicle (REG 397): Used for registering a vehicle in California for the first time.
  • Notice of Transfer and Release of Liability (REG 138): Notifies the DMV when ownership of a vehicle has been transferred. This form protects the seller from liability for any parking tickets or violations that occur after the sale.
  • Statement of Facts (REG 256): Provides the DMV with additional information that may be required for registration or transfer of ownership, such as exemption from smog certification or vehicle gifts.
  • Odometer Disclosure Statement (Federal Form): Required for all vehicles less than ten years old to ensure the mileage is accurately recorded at the time of sale.
  • Application for Duplicate or Transfer of Title (REG 227): Used to apply for a duplicate title or to transfer ownership if the title is missing or unavailable.
  • Bill of Sale (REG 135): Documents the details of the transaction between the seller and buyer, including the purchase price. It’s an additional record of the transfer of ownership.
  • Smog Certification: Required for most vehicle transactions, it confirms the vehicle has passed all California emissions testing.
  • Vehicle/Vessel Power of Attorney (REG 260): Allows an individual to appoint someone else to sign documents related to the sale, purchase, or registration of a vehicle on their behalf.

Understanding and having these documents can ease the process of buying, selling, or transferring a vehicle in California. Each one plays a role in ensuring all legal and registration requirements are met, making the transition as seamless as possible for all parties involved.

Similar forms

  • The Application for Duplicate Title shares a similarity with the California Form REG 262 because both are essential documents in the process of establishing or transferring vehicle ownership. The Duplicate Title application is used when the original vehicle title is lost, stolen, or damaged, making it necessary for vehicle owners to obtain a replacement to complete a sale or transfer, much like the REG 262 accompanies the title during transfer.

  • A Vehicle Bill of Sale is another document similar to Section 2 of the California Form REG 262. Both serve to document the transaction between a seller and a buyer, providing details such as the vehicle’s sale price, the names of both the seller and the buyer, and the date of sale, which are crucial for recording the transfer of ownership.

  • The Odometer Disclosure Statement mirrors the purpose of Section 3 of Form REG 262, with both requiring a declaration of the vehicle's odometer reading at the time of sale. This is a crucial step in ensuring transparency in the transaction, preventing odometer fraud, and complying with both federal and state laws regarding the sale of vehicles.

  • Release of Liability forms are akin to parts of the REG 262 form where the seller declares the sale and transfers responsibility to the buyer. Although the Release of Liability may be a separate form submitted to the DMV, it releases the previous owner from accountability for what happens with the vehicle after the sale, similar to the acknowledgment and responsibility the buyer takes over in the REG 262.

  • The Power of Attorney section in Form REG 262 resembles a standalone Vehicle Power of Attorney form. Both authorize a third party to act on behalf of the seller or buyer in matters related to the vehicle, including the signing of documents necessary for the transfer of ownership or registration with the DMV.

  • A Notice of Transfer and Release of Liability shares objectives with the REG 262 form by notifying the DMV of a change in vehicle ownership. While the REG 262 form facilitates the actual transfer process between buyer and seller, the Notice of Transfer completes the seller's obligation to inform the DMV about the vehicle’s new ownership.

Dos and Don'ts

When filling out the California Form REG 262, also known as the Vehicle/Vessel Transfer and Reassignment Form, it's important to follow specific guidelines to ensure the process goes smoothly. Here are some dos and don'ts:

Do:
  • Use ink: All entries and signatures on the form must be completed in ink. This is a crucial requirement as it ensures the document is official and tamper-evident.
  • Fill out every section accurately: Make sure all information provided is accurate to the best of your knowledge. From the vehicle/vessel's ID to the odometer disclosure statement, accuracy is key to a valid transfer.
  • Verify the odometer reading: The odometer disclosure statement is a critical piece of the form. Ensure the mileage is reported accurately and clearly, as this is a legal document.
  • Keep a photocopy: Although photocopies are not accepted for processing, it's a good idea to keep a copy for your records. This can serve as a vital reference if any disputes or questions arise later.
  • Read all instructions: Before filling out the form, carefully read the instructions on the reverse side. Understanding the requirements can save time and prevent mistakes.
  • Check gift value if applicable: If the vehicle/vessel is a gift, make sure to indicate the relationship to the recipient and provide the gift value accurately.
Don't:
  • Use photocopies: Photocopies of the Form REG 262 are not accepted for official processes. Always use the original form provided by the DMV or an authorized entity.
  • Skip the Bill of Sale: Even if the vehicle/vessel is being gifted, the Bill of Sale section must be completed, indicating the relationship and the gift's value.
  • Ignore odometer discrepancies: If there is a discrepancy with the odometer reading, such as it not being the actual mileage or exceeding its mechanical limits, it must be noted on the form.
  • Forget signatures: All required parties must hand print their names and provide their signatures in ink. Missing signatures can invalidate the entire form.
  • Omit personal information: Ensure all personal information, including mailing addresses and daytime telephone numbers, is filled in completely and legibly.
  • Alter the odometer section: Any alteration in the odometer disclosure statement section, such as write-overs, cross-outs, erasures, etc., will void that section. It's critical to be precise and careful when filling this out.

Misconceptions

When navigating the complexities of transferring vehicle ownership in California, it's crucial to understand the nuances of the California Form REG 262, commonly misconstrued in several aspects. Let's clarify some widespread misunderstandings:

  • Form REG 262 is the title of the vehicle: This form is not the vehicle title or certificate of ownership. It's a supplementary document used alongside the title or Application for Duplicate Title to detail the transfer and reassignment of ownership.
  • The form can be easily replaced by a photocopy: Photocopies of Form REG 262 are not acceptable for official transactions. The California Department of Motor Vehicles (DMV) requires the original form, filled out in ink, to process the vehicle/vessel transfer and reassignment.
  • Any alterations on the form are acceptable: Alterations, erasures, or using correction fluid on Form REG 262 invalidate the Odometer Disclosure Statement section. If any mistakes are made, a completely new form must be used to ensure the integrity of the transaction's details.
  • Odometer disclosure is optional: Federal and state laws mandate the accurate disclosure of the vehicle's mileage upon transfer of ownership. Providing a false statement or failing to provide this information can lead to penalties, including fines and/or imprisonment.
  • Power of Attorney can complete the Odometer Disclosure Statement: The designated Power of Attorney (POA) cannot fill out the Odometer Disclosure Statement section of Form REG 262. This section requires the direct input of the seller to ensure transparency and legality in disclosing the vehicle's mileage.
  • The form is universally required for all vehicle transfers: While the Form REG 262 is a critical document for many private vehicle sales, transfers within certain situations, like between family members or when a vehicle is gifted, might have different requirements. Always consult the DMV or a legal advisor to understand the specific needs of your transfer situation.

Understanding these key points about Form REG 262 removes common obstacles faced during the vehicle transfer process in California. Always ensure you're using the latest version of any DMV form and consult with professionals for a smooth transition of ownership.

Key takeaways

Understanding the California REG 262 Vehicle/Vessel Transfer and Reassignment Form is crucial for anyone involved in the sale, purchase, or transfer of a vehicle or vessel in California. Here are key takeaways to ensure proper completion and compliance:

  • The REG 262 form is not the ownership certificate but is necessary when transferring ownership. It must accompany the title or application for duplicate title.
  • All entries and signatures on the form must be done in ink, as photocopies of the form are not accepted for official transactions.
  • The form serves multiple purposes, including acting as a Bill of Sale, an odometer disclosure statement, and a power of attorney, if required.
  • The seller must complete the odometer disclosure statement accurately, as federal and state law requires stating the mileage upon transfer of ownership. Altering or providing a false statement can lead to fines and/or imprisonment.
  • Both the buyer and seller sections require hand-printed names, signatures, and dates to validate the information provided and acknowledge the transfer of ownership.
  • When a vehicle is sold, the selling price or gift value along with the sale or gift date must be clearly indicated by the seller in the Bill of Sale section.
  • For vehicles owned jointly, the signature requirements depend on how the ownership is titled. If co-owners are joined by “AND,” signatures of all owners are necessary. If joined by “OR,” at least one owner must sign.
  • It is essential for anyone acting with power of attorney in transferring vehicle or vessel ownership to remember that the odometer disclosure section cannot be completed using this authority.

This comprehensive understanding of the California REG 262 form will streamline the process of vehicle or vessel transfer, ensuring all legal requirements are met and avoiding potential legal issues.

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