Fill Out a Valid California Fotm Reg 262 Form

The California Form REG 262 is a crucial document used for transferring ownership of a vehicle or vessel. This form, also known as the Vehicle/Vessel Transfer and Reassignment Form, is not the ownership certificate but must accompany the title or an application for a duplicate title. Understanding how to properly complete this form is essential for both buyers and sellers to ensure a smooth transaction.

Access This California Fotm Reg 262 Now

The California Form REG 262, officially known as the Vehicle/Vessel Transfer and Reassignment Form, plays a crucial role in the process of transferring ownership of vehicles and vessels within the state. This form is not a title but rather an essential document that must accompany the title or an application for a duplicate title. It includes several key sections that facilitate the transfer process, ensuring that both buyers and sellers have their rights protected. The first section requires detailed identification of the vehicle or vessel, including its make, model, and identification number. Following this, the Bill of Sale section allows the seller to document the transaction, specifying the selling price or gift value, and the date of the transfer. A critical component is the Odometer Disclosure Statement, which mandates the seller to disclose the vehicle's mileage at the time of sale, as failure to do so can lead to significant penalties. Additionally, the form includes sections for both buyer and seller to provide their information and signatures, affirming the accuracy of the details provided. Lastly, a Power of Attorney section allows individuals to appoint someone to act on their behalf in completing necessary documents for the transfer. Understanding the nuances of the REG 262 form is vital for anyone involved in the buying or selling of a vehicle or vessel in California.

Dos and Don'ts

When filling out the California Form Reg 262, it's important to follow specific guidelines to ensure everything goes smoothly. Here’s a list of dos and don’ts to keep in mind:

Do read all instructions carefully before starting.
Do complete all sections of the form accurately.
Do use ink for signatures; avoid using pencil or digital signatures.
Do disclose the correct odometer reading without alterations.
Do retain a photocopy of the completed form for your records.

Don't submit photocopies of the form; only original documents are accepted.
Don't leave any fields blank; fill in all required information.
Don't alter or erase any information on the form.
Don't forget to sign and date the form where required.

Following these guidelines will help ensure your vehicle or vessel transfer goes off without a hitch. Take your time and double-check everything before submission!

Key takeaways

When it comes to transferring ownership of a vehicle or vessel in California, the Form REG 262 is essential. Here are some key takeaways to help you navigate this process smoothly:

Not a Title: Remember, this form is not the ownership certificate. It must accompany the title or an application for a duplicate title.
Complete All Sections: Ensure every section is filled out completely, including vehicle identification, bill of sale, and odometer disclosure. Incomplete forms can lead to delays.
Odometer Disclosure: Accurately report the odometer reading at the time of sale. Any alterations to this section will void the disclosure, requiring a new statement.
Signatures Matter: All signatures must be in ink. Photocopies of the form are not accepted, so make sure to sign the original document.
Power of Attorney: If someone else is completing the transfer on your behalf, you must fill out the power of attorney section. This allows them to act legally for you.
Know Your Rights: Familiarize yourself with the Car Buyer’s Bill of Rights and other relevant information available on the DMV website. This knowledge empowers you during the transaction.
Record Keeping: Keep a copy of the completed form for your records. Dealers are required to retain copies of odometer disclosures for five years.

Understanding these aspects of the REG 262 form will help ensure a smooth transfer process, protecting both buyers and sellers in the transaction.

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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)

GEICO

for the amount of

N/A

PRINT BUYER'S NAME(S)

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)

Misconceptions

Misconception 1: The REG 262 form is the ownership certificate.

Many people mistakenly believe that the REG 262 form serves as the official ownership certificate for a vehicle or vessel. In reality, this form is not the ownership certificate. It must accompany the title or an application for a duplicate title.
Misconception 2: Photocopies of the REG 262 form are acceptable.

Some individuals think that they can submit photocopies of the REG 262 form. However, the regulations clearly state that photocopies are not accepted. Only the original form with all signatures in ink is valid for processing.
Misconception 3: Odometer disclosure is optional.

There is a common belief that disclosing the odometer reading is optional when transferring ownership. This is incorrect. Federal and state laws require that the mileage be stated during the transfer. Failing to do so can result in penalties.
Misconception 4: Anyone can complete the odometer disclosure section.

Some assume that any party involved in the transaction can fill out the odometer disclosure section. In fact, only the seller is authorized to complete this section. Any alterations made to the mileage reported will void the odometer disclosure.

Similar forms

California Form REG 343: This form is used for the application for a duplicate title. Like the REG 262, it requires the buyer and seller's information, and both forms must be completed accurately to transfer ownership.
California Form REG 227: This is a vehicle/vessel bill of sale. It serves a similar purpose as the bill of sale section in REG 262, documenting the sale details, including buyer and seller information.
California Form REG 256: This form is for a vehicle transfer between family members. It shares similarities with REG 262 in that it also requires details about the vehicle and the parties involved in the transfer.
California Form REG 31: This is the Application for Title or Registration. It is similar to REG 262 because both forms are necessary for registering a vehicle and transferring ownership.
California Form REG 5103: This is the Statement of Facts form. It can accompany REG 262 when additional information is needed to clarify the transfer details.
California Form REG 262A: This is a supplemental form for odometer disclosure. Like REG 262, it ensures compliance with federal and state odometer disclosure laws.
California Form REG 200: This form is used for vehicle registration. It requires similar information about the buyer and seller as REG 262 for successful registration.
California Form REG 5050: This is used for the transfer of ownership of a vehicle that is a gift. It parallels REG 262 in documenting the transfer process without a sale price.
California Form REG 167: This form is for the application for a title for a vehicle that has been salvaged. It includes similar information required for ownership transfer as seen in REG 262.