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The California Form REG 262, known as the Vehicle/Vessel Transfer and Reassignment Form, plays a crucial role in the process of transferring ownership of vehicles and vessels in the state. This form is not a certificate of ownership; instead, it must accompany the title or an application for a duplicate title. It serves multiple purposes, including documenting the vehicle or vessel's identification details, facilitating the bill of sale, and ensuring compliance with federal and state odometer disclosure requirements. The form is divided into several sections, each designed to capture essential information. Section 1 requires specific details about the vehicle or vessel, such as its identification number, year, make, and model. In Section 2, the seller must provide the buyer's name, the selling price, and the date of the sale. Section 3 focuses on odometer disclosures, mandating that the seller accurately report the mileage at the time of transfer. This section is critical, as any alterations to the reported mileage can void the disclosure. Sections 4 and 5 gather information about the buyer and seller, including their signatures and addresses, and allow for the appointment of a power of attorney if necessary. Overall, the REG 262 form is an essential document that ensures a transparent and legal transfer of vehicle or vessel ownership in California.

Preview - 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)

 

 

 

 

 

 

Document Specifics

Fact Name Fact Description
Form Purpose The California REG 262 form is used for the transfer and reassignment of ownership for vehicles and vessels.
Governing Law This form is governed by California Vehicle Code Section 5602, which outlines the requirements for vehicle ownership transfer.
Signature Requirement All signatures on the form must be in ink. Photocopies of the form are not accepted.
Odometer Disclosure The seller must disclose the odometer reading at the time of sale. Any alterations to this reading will void the disclosure.
Bill of Sale The form includes a section for a bill of sale, which must identify the buyer, seller, purchase price, and date of sale.
Power of Attorney A section is included for appointing a power of attorney, allowing another individual to complete necessary documents for ownership transfer.

California Fotm Reg 262: Usage Instruction

Filling out the California Form REG 262 is a straightforward process that requires careful attention to detail. This form is essential for transferring ownership of a vehicle or vessel in California. Once completed, it must accompany the title or application for a duplicate title. Ensure that all information is accurate and that signatures are in ink, as photocopies are not accepted.

  1. Begin by entering the Acquisition Number if you are a dismantler.
  2. In Section 1, provide the vehicle or vessel identification details:
    • Enter the Identification Number.
    • Fill in the Year, Model, Make, and License Plate/CF Number.
    • If applicable, include the Motorcycle Engine Number.
  3. Proceed to Section 2 to complete the Bill of Sale:
    • Print the Seller's Name(s).
    • Print the Buyer's Name(s).
    • If this transaction is a gift, indicate the relationship.
    • Provide the date of sale.
    • State the selling price.
    • If it’s a gift, provide the gift value.
  4. In Section 3, complete the Odometer Disclosure Statement:
    • Record the current odometer reading.
    • Check the appropriate box if there is an odometer discrepancy.
    • If necessary, explain any discrepancies.
  5. Move to Section 4 for Buyer and Seller Information:
    • The buyer must print their name, sign, date, and provide their DL/ID or dealer/dism number.
    • Include the buyer's mailing address, city, state, zip code, and daytime telephone number.
    • The seller must also print their name, sign, date, and provide their DL/ID or dealer/dism number.
    • Include the seller's mailing address, city, state, zip code, and daytime telephone number.
  6. If applicable, complete Section 5 for Power of Attorney:
    • Appoint the person or company acting as your attorney-in-fact.
    • Both parties must sign and date this section.

After completing the form, review all entries for accuracy. Ensure that all signatures are in ink. Once verified, submit the form along with the required documents to finalize the transfer process. Keeping a copy for your records is advisable.

Learn More on California Fotm Reg 262

What is the California Form REG 262?

The California Form REG 262, also known as the Vehicle/Vessel Transfer and Reassignment Form, is a document used during the transfer of ownership of a vehicle or vessel in California. This form is not a title or ownership certificate but must accompany the title or an application for a duplicate title. It serves as a record of the sale and includes important information such as the buyer and seller's details, the vehicle's identification number, and the odometer reading at the time of sale.

Who needs to fill out the REG 262 form?

Both the seller and the buyer of the vehicle or vessel need to complete the REG 262 form. The seller must provide their name, address, and the details of the sale, while the buyer must acknowledge the odometer reading and accept ownership. If the vehicle is a gift, the relationship between the giver and the recipient should be noted. Additionally, if there are multiple owners, all must sign the form according to how they are listed on the title.

What are the key sections of the REG 262 form?

The REG 262 form consists of several key sections:

  1. Vehicle/Vessel Identification: This section requires details such as the vehicle identification number (VIN), year, make, and model.
  2. Bill of Sale: Here, the seller and buyer provide their names, the sale date, and the sale price or gift value.
  3. Odometer Disclosure Statement: This section requires the seller to disclose the vehicle's mileage at the time of sale. It is crucial that this information is accurate, as any alterations can void the statement.
  4. Buyer and Seller Information: Both parties must print their names, sign, and provide their contact details.
  5. Power of Attorney: If someone is appointed to act on behalf of the seller or buyer, this section must be filled out.

What happens if the odometer reading is incorrect?

If the odometer reading is not accurate, the seller must indicate this on the form by checking the appropriate box. They should also provide an explanation for the discrepancy. It's important to be truthful, as providing false information can lead to legal consequences, including fines or imprisonment. Both parties must sign to acknowledge the odometer reading, ensuring transparency in the transaction.

Can I make copies of the REG 262 form?

Yes, you can make photocopies of the REG 262 form for your personal records. However, it is essential to note that the original form must be submitted along with the title or application for a duplicate title. Photocopies are not accepted for official purposes. Keeping a copy for your records can help in case any issues arise in the future regarding the transfer.

Common mistakes

Filling out the California Form REG 262, the Vehicle/Vessel Transfer and Reassignment Form, can be straightforward, but many people make common mistakes that can lead to delays or complications in the transfer process. Understanding these pitfalls can help ensure a smoother experience.

One frequent error occurs in Section 1, where individuals often forget to include all necessary vehicle or vessel identification details. This section requires specific information such as the vehicle identification number (VIN), year, make, and model. Missing even one piece of this information can result in the form being rejected, which can cause unnecessary delays.

Another common mistake is in Section 2, the Bill of Sale. Sellers sometimes neglect to clearly indicate the selling price or gift value. If this information is missing or unclear, it can lead to confusion about the transaction's legitimacy. It is essential to ensure that both the selling price and the gift value are accurately filled out, especially if the vehicle is being given as a gift.

People also often overlook the Odometer Disclosure Statement in Section 3. This section must be filled out accurately, as federal and state laws require the disclosure of the vehicle's mileage at the time of transfer. If the odometer reading is altered or erased, the statement becomes void. Failing to complete this section correctly can result in legal penalties, including fines.

In Section 4, both the buyer and seller must handprint their names and provide signatures. A common mistake is the use of electronic signatures or failing to sign in ink, which is explicitly required. Additionally, if there are co-owners, each must sign if they are joined by "AND." If they are joined by "OR," at least one signature is necessary. Ignoring these requirements can complicate the transfer process.

People frequently forget to provide accurate contact information in the mailing address sections for both buyers and sellers. This information is crucial for any follow-up communication regarding the transfer. Missing or incorrect contact details can lead to misunderstandings or missed notifications.

Another issue arises when individuals attempt to use photocopies of the form. The instructions state that photocopies are not accepted. Submitting a photocopy instead of the original form can result in immediate rejection of the application, causing further delays in the transfer process.

Lastly, many individuals fail to read the instructions thoroughly. Each section of the REG 262 form has specific requirements that must be adhered to. Ignoring these guidelines can lead to mistakes that could have been easily avoided. Taking the time to carefully read the instructions can save a lot of time and hassle.

By being aware of these common mistakes, individuals can ensure that their completion of the California Form REG 262 is accurate and efficient. Taking care to follow the instructions and double-checking the information provided can facilitate a smoother transfer process.

Documents used along the form

When dealing with the California Form REG 262, several other documents may also be needed to ensure a smooth vehicle or vessel transfer. Here’s a list of common forms that often accompany it.

  • Title Certificate: This document proves ownership of the vehicle or vessel. It must be submitted along with the REG 262 form to complete the transfer.
  • Application for Duplicate Title: If the original title is lost or damaged, this form allows the owner to request a replacement title from the DMV.
  • Bill of Sale: This document outlines the terms of the sale, including the purchase price and details about the buyer and seller. It serves as proof of the transaction.
  • Odometer Disclosure Statement: Required for most vehicle sales, this statement confirms the vehicle's mileage at the time of transfer. It helps prevent fraud regarding odometer readings.
  • Power of Attorney: If someone is acting on behalf of the buyer or seller, this form grants them the authority to sign necessary documents for the transfer.
  • Release of Liability: This form notifies the DMV that the seller is no longer responsible for the vehicle once it is sold. It protects the seller from future liabilities related to the vehicle.
  • Smog Certificate: In California, certain vehicles must pass a smog check before being sold. This certificate confirms that the vehicle meets state emissions standards.
  • DMV Form 343: This is a statement of facts form that may be required for various situations, such as when there are discrepancies in vehicle history or ownership.

Having these documents ready can help streamline the transfer process and ensure compliance with California regulations. Always check with the DMV for any specific requirements related to your situation.

Similar forms

The California Form REG 262, also known as the Vehicle/Vessel Transfer and Reassignment Form, shares similarities with the Bill of Sale. A Bill of Sale is a document that serves as proof of the sale of a vehicle or vessel. It identifies the buyer and seller, includes the purchase price, and states the date of the transaction. Like the REG 262, it must be completed and signed by both parties to ensure that the transfer of ownership is legally recognized. The Bill of Sale is essential for the buyer to establish ownership and for the seller to document the sale.

Another document that resembles the REG 262 is the Odometer Disclosure Statement. This form is required by federal and state law when transferring ownership of a vehicle. It mandates that the seller disclose the vehicle's mileage at the time of sale. The REG 262 incorporates this requirement within its structure, ensuring that both parties acknowledge the odometer reading. Failure to provide accurate mileage information can lead to legal consequences, making this disclosure a critical component of the transfer process.

The Application for Duplicate Title is also similar to the REG 262. This form is used when the original title is lost or damaged. The REG 262 must accompany the application when transferring ownership, ensuring that all necessary documentation is submitted to the Department of Motor Vehicles (DMV). Both documents work together to facilitate the legal transfer of ownership, reinforcing the importance of proper documentation in vehicle transactions.

The California Vehicle Title Transfer form is another document that aligns with the REG 262. This form is specifically designed for transferring ownership of a vehicle. Like the REG 262, it requires signatures from both the buyer and seller, along with pertinent information about the vehicle. It serves as an official record of the transfer, which is crucial for both parties to protect their rights and responsibilities regarding the vehicle.

The DMV Notice of Transfer and Release of Liability is also comparable to the REG 262. This document notifies the DMV of the transfer of ownership and releases the seller from liability for any future incidents involving the vehicle. While the REG 262 focuses on the transfer process, the Notice of Transfer ensures that the seller is no longer responsible for the vehicle once the transaction is complete. Both documents are essential for a smooth transfer of ownership.

The Vehicle Registration Application shares similarities with the REG 262 as well. This form is used to register a vehicle in the new owner's name after a purchase. When completing the registration process, the REG 262 is often required to accompany the application, providing proof of ownership transfer. Together, these documents ensure that the vehicle is properly registered and that the new owner is recognized by the DMV.

The California Certificate of Title is another document that relates to the REG 262. The Certificate of Title is the official document that proves ownership of a vehicle. When a vehicle is sold, the title must be transferred to the new owner, often requiring the REG 262 to facilitate this process. Both documents are integral to establishing legal ownership and ensuring that all parties are aware of their rights and responsibilities.

The Power of Attorney form is also relevant in this context. It allows one person to act on behalf of another in legal matters, including the transfer of vehicle ownership. The REG 262 includes a section for Power of Attorney, enabling the designated individual to sign necessary documents related to the transfer. This similarity highlights the importance of having authorized representation during the vehicle transfer process.

Finally, the Vehicle Transfer Notification is similar to the REG 262. This document informs the DMV of a change in ownership. While the REG 262 serves as a comprehensive form for the transfer process, the Vehicle Transfer Notification acts as an additional measure to ensure that the DMV is updated with the new owner's information. Both documents are vital for maintaining accurate records and protecting the interests of both the buyer and seller.

Dos and Don'ts

When filling out the California Form REG 262, it's essential to follow specific guidelines to ensure the process goes smoothly. Here’s a helpful list of things you should and shouldn't do.

  • Do read the instructions carefully before you start filling out the form.
  • Do use black or blue ink to complete the form; this makes it easier to read.
  • Do provide accurate information regarding the vehicle's identification number and mileage.
  • Do ensure all signatures are in ink; no photocopies are accepted.
  • Don't alter any information once it has been written down; this can void the form.
  • Don't forget to include the date of sale or gift; this is crucial for the transaction.
  • Don't leave any sections blank; incomplete forms may be rejected by the DMV.

By following these guidelines, you can help ensure a smoother experience when transferring ownership of a vehicle or vessel in California. Taking the time to double-check your work can save you from potential headaches down the road.

Misconceptions

Misconceptions about the California Form REG 262 can lead to confusion for buyers and sellers alike. Here are nine common misunderstandings:

  • This form is the ownership certificate. Many people mistakenly believe that the REG 262 serves as the official ownership certificate. In reality, it is not the ownership certificate and must accompany the title or an application for a duplicate title.
  • Photocopies of the form are acceptable. Some assume that they can submit a photocopy of the REG 262. However, the form must be filled out in ink, and photocopies are not accepted for submission.
  • The odometer disclosure is optional. A common belief is that the odometer disclosure statement can be skipped. In fact, federal and state law mandates that the mileage must be disclosed during the transfer of ownership.
  • Only the seller needs to sign the form. It is often thought that only the seller's signature is required. Both the buyer and seller must print their names, sign, and date the form to validate the transfer.
  • The form can be completed electronically. Some people think they can fill out the REG 262 online and print it. However, the form must be completed by hand, with all signatures in ink.
  • Gifts do not require a bill of sale. There is a misconception that gifts do not need a bill of sale. Even when transferring a vehicle as a gift, the bill of sale section must still be filled out, indicating the relationship between the parties.
  • All co-owners can sign for the vehicle. Some believe that any co-owner can sign for the vehicle. In reality, if co-owners are joined by "AND," all must sign. If joined by "OR," at least one signature is needed.
  • Power of attorney can be used for odometer disclosure. It is a common error to think that a power of attorney can complete the odometer disclosure section. This section must be completed by the seller directly.
  • It is sufficient to keep a copy of the form for records. While retaining a copy is good practice, it is important to remember that the original form must accompany the title or application for a duplicate title when submitted.

Understanding these misconceptions can help ensure a smoother vehicle transfer process in California. Always consult the instructions carefully and consider reaching out to professionals if there are any uncertainties.

Key takeaways

When filling out and using the California Form REG 262, there are several important points to keep in mind. This form is essential for transferring ownership of a vehicle or vessel in the state. Here are some key takeaways:

  • Not a Title: The REG 262 form is not the ownership certificate. It must accompany the title or an application for a duplicate title. Always ensure that it is included in your documentation.
  • Complete All Sections: Every section of the form must be filled out accurately. This includes providing detailed information about the vehicle or vessel, the seller, and the buyer. Incomplete forms can lead to delays or issues with the transfer.
  • Odometer Disclosure: The odometer disclosure statement is crucial. Sellers must provide the correct mileage at the time of sale. Any alterations to this section will void the disclosure, necessitating a new statement signed by both parties.
  • Signatures Required: All signatures must be in ink, and photocopies are not accepted. Ensure that both the buyer and seller sign the document to validate the transfer. This step is vital for legal compliance.

Understanding these points can help ensure a smooth transaction and avoid potential legal issues down the line. Always refer to the California DMV website for additional resources and information.