California Fotm Reg 262 Template

California Fotm Reg 262 Template

The California Form REG 262 is a critical document known as the Vehicle/Vessel Transfer and Reassignment Form. This form facilitates the transfer of ownership for vehicles and vessels in California, ensuring that all necessary details are documented correctly. It is important to note that this form does not serve as the ownership certificate; rather, it must accompany the title or an application for a duplicate title.

Open California Fotm Reg 262 Editor Now

The California Form REG 262 is a crucial document for individuals and entities involved in the transfer of vehicle or vessel ownership within the state. This form serves multiple purposes, primarily facilitating the legal transfer of ownership from the seller to the buyer. It is essential to note that REG 262 is not an ownership certificate; rather, it must accompany the title or an application for a duplicate title. The form includes several sections that require detailed information, including the vehicle or vessel's identification number, year, make, and model. The bill of sale section captures the transaction details, such as the selling price and the relationship between the parties if the transfer is a gift. Another significant component is the odometer disclosure statement, which mandates the seller to report the mileage at the time of sale accurately. This section aims to prevent fraud and ensure that buyers are informed about the vehicle's actual condition. Additionally, the form includes sections for both the buyer and seller to provide their names, signatures, and contact information, thereby creating a record of the transaction. Lastly, a power of attorney section allows individuals to appoint someone else to act on their behalf in completing necessary documents for the transfer. Each part of the REG 262 is designed to protect the rights of both buyers and sellers, ensuring a transparent and legally compliant transaction.

California Fotm Reg 262 Sample

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)

 

 

 

 

 

 

Different PDF Forms

Key takeaways

When filling out and using the California Form Reg 262, here are some key takeaways to keep in mind:

  • Ownership Certificate: Remember, this form is not the ownership certificate. It must accompany the title or an application for a duplicate title.
  • Signatures Required: All signatures on the form must be in ink. Photocopies of the signed form are not accepted.
  • Odometer Disclosure: Accurately report the odometer reading. Any alterations will void this section, requiring a new statement.
  • Bill of Sale: The seller must complete the bill of sale section, including the buyer's name, selling price, and date of sale.
  • Co-owners: For co-owners joined by "AND," all owners must sign. If joined by "OR," at least one signature is necessary.
  • Power of Attorney: If appointing someone to act on your behalf, complete the power of attorney section. This cannot be used for the odometer disclosure.
  • Record Keeping: Keep a photocopy of the completed form for your records, especially if you are a dealer or auto auction.
  • Legal Implications: Providing false information may lead to fines or imprisonment. Ensure all information is truthful and accurate.
  • Resources: Familiarize yourself with the Car Buyer’s Bill of Rights and other resources available at the DMV website to understand your rights.

Being thorough and precise while completing this form can help ensure a smooth vehicle or vessel transfer process.