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Fill Your California Fotm Reg 262 Form

The California Form Reg 262 is the Vehicle/Vessel Transfer and Reassignment Form required for the transfer of ownership of a vehicle or vessel. This form must accompany the title or application for a duplicate title and is essential for documenting the sale or gift of a vehicle. Proper completion of this form is crucial to ensure a smooth transfer process and compliance with state regulations.

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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 essential for anyone looking to sell or gift a vehicle, ensuring that all necessary details are documented accurately. It includes sections for identifying the vehicle or vessel, providing a bill of sale, and disclosing the odometer reading at the time of transfer. Each party involved in the transaction—both the seller and the buyer—must complete their respective sections, which require their printed names, signatures, and dates. Additionally, if the transfer involves a power of attorney, that must be clearly stated as well. Importantly, this form does not serve as the ownership certificate; instead, it must accompany the title or an application for a duplicate title. Understanding the requirements and sections of Form REG 262 is vital for a smooth transfer process and helps protect the rights of both buyers and sellers.

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Common Questions

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. It is not the ownership certificate itself, but it must accompany the title or application for a duplicate title. This form ensures that both the buyer and seller are aware of the terms of the sale and the condition of the vehicle or vessel.

Who needs to fill out the REG 262 form?

Both the seller and buyer of the vehicle or vessel must fill out the REG 262 form. The seller needs to provide details about the vehicle, the sale price, and the odometer reading, while the buyer must acknowledge the information provided and accept ownership. If the vehicle is a gift, the relationship between the seller and the buyer must also be indicated.

Is a photocopy of the REG 262 form acceptable?

No, photocopies of the REG 262 form are not accepted for the transfer of ownership. The form must be completed in ink and submitted in its original form. However, individuals may retain photocopies for their personal records after the transfer is completed.

What happens if the odometer reading is incorrect?

If the odometer reading is altered or erased, the odometer disclosure section of the REG 262 form becomes void. In such cases, a new odometer statement must be completed, including the signatures of both the buyer and seller. Providing false information regarding the odometer can lead to fines or other legal consequences.

Can a power of attorney be used with the REG 262 form?

A power of attorney can be appointed to act on behalf of the seller or buyer for the transfer of ownership. However, the person designated cannot complete the odometer disclosure statement. This section must be filled out by the seller personally.

What information is required in the Vehicle/Vessel Identification section?

The Vehicle/Vessel Identification section requires specific details about the vehicle or vessel, including the identification number, year, model, make, and license plate or CF number. This information is essential for accurately identifying the vehicle or vessel being transferred.

What should be included in the Bill of Sale section?

The Bill of Sale section must include the names of the seller and buyer, the date of the sale, and the selling price or gift value. If the vehicle is given as a gift, the relationship between the seller and buyer must also be noted. This section formalizes the transaction and provides proof of the sale.

Where can I find more information about my rights as a buyer?

For more information about your rights as a buyer, you can visit the California DMV website at www.dmv.ca.gov. The site provides resources such as the Car Buyer’s Bill of Rights and other helpful brochures that outline what you need to know before purchasing a vehicle.

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)

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)

Similar forms

Bill of Sale: Similar to the California Form Reg 262, a Bill of Sale serves as a written record of the sale and transfer of ownership for a vehicle or vessel. It includes details about the buyer, seller, and the transaction, including the sale price, which is also a requirement in the Reg 262 form.
Title Transfer Document: This document is essential for officially changing ownership of a vehicle or vessel. Like the Reg 262, it must be completed and submitted to the appropriate authority to ensure the new owner is legally recognized.
Odometer Disclosure Statement: This statement is required by law to disclose the mileage of a vehicle at the time of sale. The Reg 262 includes a section for this disclosure, emphasizing the importance of accurate reporting to prevent fraud.
Power of Attorney Form: This document allows one person to act on behalf of another in legal matters. The Reg 262 includes a section for granting power of attorney specifically for the transfer of vehicle ownership, ensuring that all necessary actions can be completed legally.
Application for Duplicate Title: When a title is lost or damaged, this application is necessary to obtain a replacement. The Reg 262 must accompany this application to facilitate the transfer or reassignment of ownership.
DMV Registration Application: This application is used to register a vehicle with the Department of Motor Vehicles. Similar to the Reg 262, it requires information about the vehicle and the owner to ensure proper registration and compliance with state laws.
Vehicle History Report: While not a transfer document, a vehicle history report provides crucial information about a vehicle's past, including ownership changes. This can be important for buyers and sellers, as it complements the information provided in the Reg 262.
Sales Contract: This document outlines the terms of the sale between the buyer and seller. Like the Reg 262, it includes essential details about the transaction, ensuring both parties understand their rights and responsibilities.

Misconceptions

Understanding the California Form REG 262 can be tricky, and there are several misconceptions surrounding it. Here are five common misunderstandings, along with clarifications to help you navigate this important document.

This form is the ownership certificate. Many people believe that the REG 262 form serves as the official ownership certificate for a vehicle or vessel. In reality, it is not the ownership certificate. Instead, it must accompany the title or an application for a duplicate title.
Photocopies of the form are acceptable. Some individuals think they can submit photocopies of the REG 262 form. However, the form must be completed in ink, and photocopies are not accepted for submission. You may keep a copy for your records, but the original must be submitted.
Odometer disclosures can be altered. There is a belief that minor changes to the odometer reading are permissible. This is incorrect. Any alteration, such as crossing out or erasing, will void the odometer disclosure statement. A new statement must be completed if any changes are made.
Only the seller needs to fill out the form. It’s a common misconception that only the seller is responsible for completing the REG 262 form. Both the buyer and seller must provide their information, sign, and acknowledge the odometer reading. This ensures that both parties are aware of the vehicle's history.
Power of attorney can be used for odometer disclosures. Some people think they can use a power of attorney to complete the odometer disclosure section. This is not true. The odometer disclosure must be completed by the seller directly and cannot be delegated to someone else through a power of attorney.

By clarifying these misconceptions, you can better understand the purpose and requirements of the California Form REG 262. Always ensure that you follow the guidelines carefully to avoid any issues during the transfer process.

File Attributes

Fact Name	Details
Purpose	The California Form REG 262 is used for transferring and reassigning ownership of vehicles and vessels.
Ownership Certificate	This form is not the ownership certificate; it must accompany the title or an application for a duplicate title.
Odometer Disclosure	Federal and state law requires that the odometer reading be disclosed at the time of transfer. Any alterations to this section will void the disclosure.
Signatures Required	All signatures on the form must be in ink. Photocopies are not accepted for the official document.
Governing Laws	The form is governed by California Vehicle Code Sections 5901-5902, which outline the requirements for vehicle transfers.