Fill a Valid California Fotm Reg 262 Form Launch Editor Now

Fill a Valid California Fotm Reg 262 Form

The California REG 262 form, known as the Vehicle/Vessel Transfer and Reassignment Form, is a crucial document used in the transfer of ownership of a vehicle or vessel in California. It serves multiple functions including facilitating the bill of sale, odometer disclosure, and power of attorney, among others. This form must be completed in ink and accompanies the title or application for a duplicate title, ensuring all transactions are properly recorded and acknowledged by both the buyer and seller.

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In California, the journey of transferring a vehicle or vessel ownership is significantly detailed, necessitating precision and adherence to legal requirements, encapsulated in the Vehicle/Vessel Transfer and Reassignment Form, commonly known as Form REG 262. This document, integral to the process, is not just a mere formality but a mandatory step that bridges the gap between the current owner and the new one, ensuring all relevant details are meticulously recorded and acknowledged by both parties. It is a comprehensive form that caters to various sections including a detailed vehicle or vessel description, a bill of sale, an odometer disclosure statement, buyer and seller information, and a section for granting power of attorney if necessary. This multifaceted form not only serves as a bill of sale but also as a diligent record of odometer disclosure, inherently protecting buyer rights and preventing potential fraud. The form, underscored by its no-photocopy policy, demands to be filled out in ink, emphasizing its legal significance and the need for originality in each transaction. Importantly, the REG 262 form, accompanied by the title or application for a duplicate title, plays a pivotal role in the official transfer process, embodying more than a transaction—it encapsulates a legal transfer of responsibility and rights from one party to another, under the watchful eyes of California's Department of Motor Vehicles, and adhering strictly to both federal and state laws to ensure transparency and trust in vehicular transactions.

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)

 

 

 

 

 

 

Form Characteristics

Fact Description
Purpose The REG 262 form is used for the transfer and reassignment of ownership for vehicles or vessels in California.
Odometer Disclosure Includes a section for the seller to disclose the mileage. Alterations void the disclosure, potentially requiring a new statement.
Legal Requirement Federal and state law requires accurate odometer readings to prevent fraud. Failure to comply may result in penalties.
Governing Law Governed by California Vehicle Code and applicable federal regulations to ensure transparency and accountability in vehicle transactions.

How to Use California Fotm Reg 262

Filling out California's REG 262 form, officially known as the Vehicle/Vessel Transfer and Reassignment Form, is an essential step in the process of selling, buying, or transferring a vehicle or vessel's ownership within the state. This document ensures that all parties involved in the transaction have agreed to the terms of the sale or transfer and that the state's legal requirements are met. Let's walk through the steps needed to fill out this form correctly.

  1. Start with Section 1, which is the Vehicle/Vessel Description. Fill in the vehicle or vessel identification number (VIN), year, model, make, license plate/CF number, and if applicable, motorcycle engine number.
  2. In Section 2, the Bill of Sale, print the seller's name(s) and then the buyer's name(s) in the spaces provided. If the vehicle or vessel is a gift, indicate the relationship to the recipient. Fill in the date of the transaction and the selling price or gift value.
  3. Proceed to Section 3, the Odometer Disclosure Statement. Enter the current odometer reading of the vehicle. If the odometer reading is not accurate, check the appropriate box and explain the discrepancy.
  4. In Section 4, Buyer and Seller, both parties must print their names, sign, and date their respective sections. This section confirms acknowledgment of the odometer reading, acceptance of vehicle/vessel transfer, and personal information such as mailing address and daytime telephone number.
  5. Section 5, Power of Attorney, is completed if a buyer or seller wishes to appoint someone to act on their behalf in completing the vehicle or vessel transfer. The name(s) of the person(s) being appointed should be printed, and the signature of the person giving power of attorney is required.

After the form is fully completed, ensure that it is submitted along with the titling document or Application for Duplicate Title to the California Department of Motor Vehicles (DMV). Keeping a photocopy for personal records is advised, as this document is a crucial proof of the legal transfer of ownership.

Important Queries 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 required for the transfer of ownership of a vehicle or vessel in California. This form must accompany the title or Application for Duplicate Title when ownership is being transferred. It includes sections for vehicle or vessel description, bill of sale, odometer disclosure statement, buyer and seller information, and power of attorney.

Why can't I use a photocopy of Form REG 262?

Photocopies of Form REG 262 are not accepted because the document contains security features that must be original for the California Department of Motor Vehicles (DMV) to process it. Each form is serialized, and the DMV uses this to prevent fraud and ensure the integrity of the vehicle or vessel transfer process. You must use an original form provided by the DMV or an authorized agent.

Where can I get the Form REG 262?

You can obtain the Form REG 262 from any California DMV office or by contacting the DMV to request a copy be mailed to you. Additionally, authorized auto clubs, insurance agents, and some dealerships might also distribute the form. Because it contains security features, it is not available for download from the DMV website.

Is filling out Form REG 262 mandatory for all vehicle/vessel transfers in California?

Yes, completing Form REG 262 is mandatory for transferring the ownership of a vehicle or vessel in California. This form serves as a comprehensive document that covers the vehicle or vessel description, bill of sale, odometer disclosure statement, and acknowledgment by both the buyer and seller. It ensures that all legal requirements for transferring ownership are met.

How do I complete the odometer disclosure statement on Form REG 262?

The odometer disclosure statement on Form REG 262 requires the seller to state the vehicle's current mileage at the time of transfer, unless the vehicle is exempt from mileage reporting. Sellers must indicate the correct mileage and check the appropriate box if the odometer reading is not the actual mileage, if the mileage exceeds the mechanical limits, or if any alterations have been made to the odometer. If there are discrepancies or alterations, a new odometer disclosure statement will be necessary.

Can I use the Power of Attorney section on Form REG 262 to complete the odometer disclosure?

No, the Power of Attorney section on Form REG 262 cannot be used to complete the odometer disclosure statement. This section is intended for appointing a representative to sign documents necessary to secure the registration or transfer of the vehicle/vessel in California on the owner's behalf. However, federal law requires the odometer disclosure to be completed and signed in person by the seller and acknowledged by the buyer, ensuring the accuracy of the mileage reported.

Common mistakes

Filling out the California Form REG 262 accurately is crucial but mistakes can happen. Here are nine common errors to avoid when completing the form:

  1. Not Using Ink: All signatures and information on Form REG 262 must be filled out in ink. Using pencil or any other non-permanent medium can cause the form to be rejected.

  2. Photocopies: The DMV does not accept photocopies of this form. Ensure you submit the original form; keeping a photocopy for your records is okay, but the DMV needs the original.

  3. Forgetting to include the odometer reading in Section 3 or providing a false statement. This is not just a paperwork error but could also lead to fines or imprisonment due to the legal importance of accurate mileage reporting.

  4. Omitting the vehicle or vessel identification number (VIN) in Section 1. This crucial detail helps track the history and legitimacy of the vehicle or vessel being transferred.

  5. Failing to check the appropriate box under the odometer disclosure statement when the odometer reading does not reflect actual mileage or exceeds the mechanical limits.

  6. Ignoring the Bill of Sale section for transactions that aren't gifts. This section is crucial for documenting the sale and establishing the transfer of ownership, including the sale amount which might be used for tax purposes.

  7. Misunderstanding the co-owner section can lead to incomplete signatures. If the owners are joined by "AND," each must sign; if joined by "OR," only one signature is required. Ensure you know the difference and act accordingly.

  8. Incorrectly assigning or failing to complete the Power of Attorney section properly when necessary. If someone is acting on your behalf in the transfer, their information and signatures must be correctly entered in Section 5.

  9. Not providing complete buyer and seller information, including mailing addresses and daytime telephone numbers. Without this information, the DMV may have difficulty processing the form or contacting you for clarifications.

Understanding and avoiding these common mistakes can make the vehicle or vessel transfer process smoother and quicker.

Documents used along the form

When engaging in the sale, purchase, or transfer of a vehicle or vessel in California, the REG 262 form plays a crucial role. However, to ensure full compliance and smooth processing, several other forms and documents might be required or found helpful to accompany this form. Below is a list of common documents that you or the involved parties might need alongside the California Form REG 262.

  • Application for Duplicate or Transfer of Title (REG 227): This form is used when the original title is lost, stolen, damaged, or when transferring ownership if the title is not present. It's essential for completing a sale or transfer when the title isn't available.
  • Statement of Facts (REG 256): This form provides a way to furnish necessary information that might not be covered by other forms. Examples include tax exemption claims or smog exemption statements.
  • Notice of Transfer and Release of Liability (REG 138): After selling or transferring a vehicle, this form is submitted to inform the DMV about the change in ownership, which helps protect the seller from liability for parking tickets, toll violations, or other charges incurred after the sale.
  • Odometer Disclosure Statement: Federal law requires that the seller disclose the vehicle’s odometer reading at the time of sale. This is sometimes integrated into the REG 262 but might require a separate form for older vehicles or specific circumstances.
  • Smog Certification: California requires a smog certificate for most vehicles during ownership transfers, with certain exemptions. This certification must be presented upon registration or transfer, except when particular conditions are met for exemption.
  • Bill of Sale (REG 135): While the REG 262 includes a bill of sale section, a separate, more detailed bill of sale might be used for additional legal protection and detail about the transaction.
  • Vehicle/Vessel Transfer Form (REG 262): Aside from the duplicate title applications, this specific form is a document combining a bill of sale, odometer disclosure, and power of attorney, which is not available online due to its carbon-copy format. It’s important for transfer transactions but requires in-person or mail request from the DMV.
  • Vehicle Registration Application (REG 343): Used for new, out-of-state, or never before registered vehicles in California, this form is required to properly register a vehicle in the buyer's name post-purchase.

Understanding the purpose and necessity of each of these forms will assist both buyers and sellers in navigating the complexities of vehicular transactions. Proper documentation ensures legal protection, adherence to state laws, and a smoother process of ownership transfer, making it imperative for parties involved to be thorough and cautious. Whether selling a family car or adding a new vessel to your collection, being prepared with the right forms can make all the difference.

Similar forms

The Vehicle Title Transfer Form, used across various states, shares similarities with the California Form REG 262 since both are essential in the legal transfer of ownership of a vehicle. Like the REG 262, this form typically includes sections for the vehicle identification number (VIN), make and model, sale price, and odometer reading. Both forms validate the transaction and are required for updating records with the DMV.

The Bill of Sale is another document closely related to the REG 262 form. It records the transfer of property from seller to buyer and includes crucial details such as the selling price, a description of the sold item, and the names and signatures of the parties involved. While the Bill of Sale often serves as proof of purchase, the REG 262 includes similar information but is more focused on vehicles and vessels.

The Odometer Disclosure Statement, mandated by federal law, is a document integrated into the REG 262. This statement requires the seller to declare the vehicle's mileage at the time of sale, ensuring the buyer is aware of the vehicle’s condition and preventing odometer fraud. Both the standalone statement and the REG 262 aim to protect consumer rights by providing transparent transaction details.

Power of Attorney for Vehicle Transactions is similar in function to the power of attorney section in the REG 262 form. This document authorizes another person to act on the principal's behalf in matters related to vehicle transactions, including signing documents necessary for title transfer. The REG 262 includes a section for this purpose, consolidating various transfer-related authorizations into one form.

The Application for Duplicate Title is a form that vehicle owners need when the original title is lost, stolen, or damaged. The REG 262 form must accompany this application if the vehicle is to be sold before the duplicate title is issued, ensuring that the sale proceeds legally and that the DMV has all necessary information to update ownership records.

The Dealer Reassignment Form, often used by car dealerships, facilitates the transfer of vehicle ownership when a title has already been assigned to a dealer. Similar to section 4 of the REG 262 form, it includes details about the buyer and seller but is specifically designed for transactions involving licensed dealers. Both documents are integral in the chain of ownership documentation required by the DMV.

The Release of Liability Form is typically submitted to the DMV to inform them that the former owner is no longer responsible for the vehicle. While the REG 262 places more focus on the transfer and assignment aspect, both forms play a critical role in the process of changing vehicle ownership by ensuring that responsibilities are clearly defined and recorded.

The Gift Affidavit is a document proving that a vehicle was given as a gift and not sold. As with the REG 262, which includes space to indicate if a vehicle is a gift and its value, the Gift Affidavit helps document transactions that may not involve a traditional purchase price, focusing instead on transfers of ownership without financial exchange.

The Lease Buyout Form is used when an individual decides to purchase a vehicle at the end of a lease contract. This form, similar to the REG 262, includes information about the buyer, seller, and the vehicle being purchased. Both forms are necessary for the legal transfer of ownership from the lessor to the lessee or from a seller to a buyer.

The VIN Verification Form is required in certain transactions to verify the vehicle's identification number. While not a transfer document per se, it complements the REG 262 by providing a necessary check that ensures the vehicle described in the transfer paperwork matches the actual vehicle, thereby preventing fraud and errors in the ownership transfer process.

Dos and Don'ts

When dealing with the California Form REG 262, a Vehicle/Vessel Transfer and Reassignment Form, it's essential to follow a set of do's and don'ts to ensure accuracy and legality in the transaction. Here's a list of seven key points to keep in mind:

Do's:

  • Ensure all written entries are clear and legible to prevent misunderstandings or processing delays.
  • Fill out the form in ink, as the instructions specify that photocopies are not accepted and signatures must be original.
  • Complete the odometer disclosure statement accurately, as federal and state laws penalize false statements regarding vehicle mileage with fines and/or imprisonment.
  • Include the selling price or gift value in Section 2, accurately reflecting the transaction's value.
  • Review the Car Buyer's Bill of Rights and relevant informational brochures as recommended in the instructions to understand your rights and responsibilities fully.
  • Appoint a power of attorney correctly in Section 5 if you cannot complete or submit the document yourself.
  • Keep a photocopy of the form for personal records, even though original documents must be submitted to the DMV.

Don'ts:

  • Do not attempt to use photocopies of the form for official transactions, as these are not accepted.
  • Do not leave any required sections incomplete, as this can lead to processing delays or rejections.
  • Do not alter the odometer reading in Section 3 after filling it out; any changes can void the odometer disclosure section, requiring a new form.
  • Do not forget to hand print names, sign, and date both the buyer and seller sections to validate the form’s information.
  • Do not appoint a power of attorney to complete the odometer disclosure statement, as this section cannot be completed by an attorney-in-fact.
  • Do not ignore the requirement that co-owners joined by “AND” must both sign; where “OR” is used, at least one must sign.
  • Do not neglect to provide correct and complete addresses for both buyer and seller, ensuring all notifications and documents reach the right parties.

Misconceptions

Understanding legal forms and their requirements can sometimes be confusing. When it comes to the California Form REG 262, also known as the Vehicle/Vessel Transfer and Reassignment Form, there are several misconceptions people often have. Let's clear up some of these misunderstandings:

  • It's just another ownership document. In fact, Form REG 262 is not an ownership certificate. It's used to report the transfer of ownership and must accompany the titling document or an application for a duplicate title. This form plays a crucial role in ensuring the DMV has the correct information regarding the vehicle's or vessel's ownership transfer.
  • Electronic copies are acceptable. A significant misconception is that electronic copies or photocopies of the form can be used for official transactions. The DMV requires original ink signatures on this form, and photocopies are not accepted for processing. However, keeping a photocopy for your records is a good practice.
  • It can always be completed using a Power of Attorney. While a Power of Attorney (POA) can be used to complete most sections of this form, special rules apply to the odometer disclosure statement. This specific section cannot be completed by someone acting under a POA due to the legal importance of accurate mileage reporting.
  • Any alteration is acceptable as long as it's legible. Any alterations, such as write-overs, erasures, or crossing out information in the odometer disclosure section, will void that section of the form. A new, unaltered odometer statement is required if any mistakes are made, reflecting the importance of precise mileage reporting.
  • The odometer disclosure is optional. Federal and state laws mandate the completion of the odometer disclosure statement upon the transfer of ownership. Failing to complete this section or providing false information can lead to fines and/or imprisonment, underscoring its necessity in the process.
  • All owners must sign if co-owned. This statement is partially true. The requirement for signatures depends on how the co-ownership is structured; if it's joined by "AND", then all owners must sign. If joined by "OR", then at least one owner's signature is required. This detail ensures that the right parties give consent for the transfer or reassignment.
  • It’s only for cars. Despite the common focus on vehicles, Form REG 262 is also required for the transfer and reassignment of vessels. This shows the form's versatility in handling the transfer of different types of property under California law.
  • The form is comprehensive for all DMV related changes. Although Form REG 262 is important, it may not be the only form needed for your specific situation. Always check with the DMV or consult a professional to understand all the necessary documentation for your vehicle-related matters.

Understanding these key points about Form REG 262 can make navigating the process of transferring vehicle or vessel ownership in California smoother and help avoid common pitfalls. Remember, when in doubt, consult the DMV's website or reach out to a professional for guidance.

Key takeaways

Understanding the California Form REG 262, also known as the Vehicle/Vessel Transfer and Reassignment Form, is crucial when buying, selling, or transferring a vehicle or vessel in California. Here are key takeaways to help you navigate this form with ease:

  • The REG 262 form is a vital document for the private sale of vehicles and vessels in California as it serves as both a bill of sale and power of attorney, among other things. It's essential to fill it out correctly to ensure a smooth transfer of ownership.
  • This form must be completed in ink, and photocopies are not accepted. This is because the original document is required by the California Department of Motor Vehicles (DMV) for processing and verification purposes.
  • Section 1 of the form requires detailed information about the vehicle or vessel being transferred, including the year, model, make, and identification number. Accuracy in this section is paramount as it ensures the correct vehicle or vessel is being transferred.
  • An odometer disclosure statement is a mandatory part of this form, as outlined in Section 3. Federal and state laws require the seller to disclose the mileage to the best of their knowledge, and any attempt to falsify this information may result in fines or imprisonment.
  • For the form to be valid, signatures from both the buyer and seller are required in Section 4. These signatures acknowledge the facts of the transfer and certify that the information provided is true and correct under penalty of perjury.

It is also important to note that the REG 262 form cannot be downloaded or filled out online due to its carbon copy feature, which is required for the California DMV's records. Therefore, individuals need to obtain a physical copy of this form from the DMV or a licensed California DMV dealer.

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