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Fill Out a Valid California Fotm Reg 262 Template

The California Fotm Reg 262 form, also known as the Vehicle/Vessel Transfer and Reassignment Form, is essential for transferring ownership of a vehicle or vessel in California. This form must accompany the title or an application for a duplicate title and is not a certificate of ownership. Proper completion of the form ensures compliance with state regulations and protects the rights of both buyers and sellers.

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Table of Contents

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 a vehicle or vessel in the state. This form is not a certificate of ownership; rather, it serves as a necessary accompaniment to the title or an application for a duplicate title. When completing the form, sellers and buyers must provide essential details, including the vehicle or vessel identification number, make, model, and year. Additionally, the bill of sale section requires the seller to specify the transaction date, selling price, and, if applicable, the relationship to the gift recipient. The odometer disclosure statement is another vital component, mandating that the seller accurately report the vehicle's mileage at the time of transfer. This section is particularly important, as any alterations to the reported mileage can void the disclosure, leading to potential legal repercussions. Furthermore, both the buyer and seller must handprint their names, sign, and date the form to validate the transaction. If someone wishes to appoint another individual to handle the paperwork, the power of attorney section can be utilized. Understanding the nuances of the REG 262 form is essential for a smooth and lawful transfer of ownership.

Misconceptions

Understanding the California Form REG 262 can be challenging, especially with the various misconceptions surrounding it. Here are six common misunderstandings, along with clarifications to help you navigate the process more effectively.

This form is the ownership certificate. Many people mistakenly believe that the REG 262 serves as the ownership certificate for a vehicle or vessel. In reality, it is not a title. Instead, it must accompany the actual title or an application for a duplicate title.
Photocopies of the form are acceptable. Some individuals think that they can submit photocopies of the REG 262. However, the form must be completed in ink, and photocopies are not accepted for submission. You may retain copies for your records, but the original must be submitted.
Odometer readings can be altered. A common misconception is that it is permissible to modify the odometer reading on the form. This is not true. Any alteration to the odometer disclosure will void that section of the document, and a new statement must be provided.
Only the seller needs to sign the form. Some believe that only the seller's signature is necessary for the REG 262 to be valid. In fact, both the buyer and seller must handprint their names, dates, and signatures to acknowledge the transfer and the odometer reading.
The form can be filled out by anyone. There is a belief that anyone can complete the REG 262. However, the seller must provide accurate information, and the buyer must also acknowledge the details. Misrepresentation can lead to serious legal consequences.
Power of attorney can be used for the odometer disclosure. Many assume that if they have power of attorney, they can complete the odometer disclosure on behalf of the seller. This is incorrect. The odometer disclosure must be completed by the seller directly.

By understanding these misconceptions, you can approach the vehicle or vessel transfer process with greater confidence. Always ensure that you follow the correct procedures to avoid complications down the line.

↓ California Fotm Reg 262 PDF Form

Key takeaways

When filling out the California Form REG 262, there are several important points to keep in mind to ensure a smooth vehicle or vessel transfer process.

Complete All Sections: Each section of the form must be filled out accurately. This includes the vehicle or vessel identification, bill of sale, odometer disclosure, and buyer/seller information. Missing information can delay the transfer.
Signatures Required: All signatures must be in ink. Photocopies of the form will not be accepted. Ensure that both the buyer and seller sign the document to validate the transaction.
Odometer Disclosure is Crucial: The odometer disclosure statement is mandatory. Be aware that any alterations to the reported mileage will void this section, necessitating a new odometer statement. This is a legal requirement that protects both parties.
Power of Attorney: If you need someone to act on your behalf for the transfer, the Power of Attorney section must be completed. However, note that this section cannot be used for the odometer disclosure.

Filling out the REG 262 form correctly is essential for a successful transfer of ownership. Take the time to review each section and ensure all details are accurate before submission.

Dos and Don'ts

When filling out the California Form REG 262, it is essential to follow specific guidelines to ensure accuracy and compliance. Here are four key do's and don'ts to keep in mind:

Do: Complete all required sections fully. Each part of the form must be filled out to avoid delays.
Do: Use blue or black ink for signatures. All signatures must be in ink; electronic or photocopied signatures are not acceptable.
Do: Double-check the odometer reading. Ensure that the mileage is accurate and that no alterations have been made to this section.
Do: Keep a photocopy of the completed form for your records. This can be helpful in case of future inquiries or issues.

Don't: Submit a photocopy of the form. Only the original document will be accepted.
Don't: Leave any sections blank. Incomplete forms may be rejected, causing delays in the transfer process.
Don't: Alter the odometer reading in any way. Any changes will void the odometer disclosure and require a new statement.
Don't: Forget to include all necessary signatures. Each party involved in the transaction must sign where indicated.

By adhering to these guidelines, you can help ensure a smooth and efficient transfer of ownership process.

California Fotm Reg 262 Preview

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)

Fill Out a Valid California Fotm Reg 262 Template

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Misconceptions

Key takeaways

Dos and Don'ts

California Fotm Reg 262 Preview