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The California Form REG 262 is an essential document for individuals involved in the transfer of ownership for vehicles and vessels. This form serves multiple purposes, primarily facilitating the legal transfer of title from the seller to the buyer. It is important to note that this form is not a certificate of ownership; rather, it must accompany the titling document or an application for a duplicate title. The form includes several sections that must be completed accurately. Section 1 requires detailed identification of the vehicle or vessel, including the identification number, year, model, and make. Section 2 addresses the bill of sale, where the seller identifies themselves and the buyer, including the selling price or gift value. The odometer disclosure statement, found in Section 3, mandates that the seller disclose the mileage at the time of sale, with strict regulations against any alterations to this information. Sections 4 and 5 gather necessary details from both the buyer and seller, including their signatures and contact information, as well as provisions for appointing a power of attorney if needed. Understanding the requirements and implications of the REG 262 form is crucial for ensuring a smooth transfer process and compliance with California state laws.

Similar forms

The California Form REG 262, known as the Vehicle/Vessel Transfer and Reassignment Form, serves a specific purpose in the transfer of ownership of vehicles and vessels. Several other documents share similarities with this form, each designed to facilitate the process of ownership transfer or to provide necessary disclosures. Below is a list of eight such documents, along with an explanation of how they relate to the REG 262 form.

  • Bill of Sale: This document serves as a written record of the sale and includes essential details such as the buyer's and seller's names, the purchase price, and the date of the transaction. Like the REG 262, it formalizes the transfer of ownership.
  • Title Certificate: This is the official document that proves ownership of a vehicle or vessel. The REG 262 must accompany this certificate during a transfer, ensuring that the transaction is properly documented.
  • Application for Duplicate Title: If the original title is lost, this application allows the owner to request a replacement. The REG 262 can be used alongside this application to facilitate the transfer of ownership even when the original title is unavailable.
  • Odometer Disclosure Statement: This statement is a federal requirement that discloses the vehicle's mileage at the time of sale. The REG 262 includes a section specifically for this purpose, ensuring compliance with the law.
  • Power of Attorney (POA): A POA allows someone else to act on behalf of the owner in signing documents related to the transfer. The REG 262 includes a section for appointing a representative, similar to a standalone POA document.
  • Transfer of Title Form: This form is used to officially transfer the title from the seller to the buyer. The REG 262 functions similarly by documenting the transfer process and providing necessary information about the vehicle or vessel.
  • Vehicle Registration Application: This application is required to register the vehicle with the state. The REG 262 is often submitted alongside this application to confirm ownership and facilitate the registration process.
  • Gift Transfer Declaration: When a vehicle or vessel is given as a gift, this declaration outlines the details of the transfer. The REG 262 allows for the indication of a gift transfer, ensuring that the relationship between the parties is documented.

Each of these documents plays a crucial role in the process of transferring ownership, ensuring that all legal requirements are met and that both parties are protected throughout the transaction.

Guidelines on Writing California Fotm Reg 262

After gathering the necessary information, it's time to fill out the California Form REG 262. This process is essential for transferring ownership of a vehicle or vessel. Follow these steps carefully to ensure everything is completed correctly.

  1. Obtain the REG 262 form from the DMV website or your local DMV office.
  2. In Section 1, fill in the vehicle or vessel description. Include the identification number, year, model, make, and license plate number.
  3. Proceed to Section 2. Here, the seller must print their name and the buyer's name. If the transfer is a gift, indicate the relationship.
  4. Enter the sale date and the selling price in the designated fields. If it’s a gift, also provide the gift value.
  5. In Section 3, disclose the odometer reading at the time of sale. Make sure it reflects the actual mileage. If there is a discrepancy, check the appropriate box and explain.
  6. In Section 4, both the buyer and seller must handprint their names, sign, and date the form. Include the driver's license or ID number, along with the mailing address and daytime telephone number for both parties.
  7. If applicable, fill out Section 5 to appoint someone as your attorney-in-fact. Print their name and sign with the date.
  8. Review the completed form for any errors or missing information.
  9. Submit the form along with the titling document or application for a duplicate title to the DMV.

Form Data

Fact Name Details
Purpose The California REG 262 form is used for transferring ownership of vehicles and vessels in California.
Not a Title This form is not a certificate of ownership. It must accompany the title or an application for a duplicate title.
Odometer Disclosure Federal and state law requires sellers to disclose the odometer reading at the time of transfer. Any alterations to this section void the disclosure.
Signature Requirement All signatures on the form must be in ink. Photocopies of the form are not accepted.
Governing Law The form is governed by California Vehicle Code Sections 5901 and 5902, which outline requirements for vehicle transfers.