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Blank California Fotm Reg 262 Form

The California Form Reg 262 is a 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, including the odometer reading and buyer-seller information. Ensure you complete this form accurately to avoid complications in the transfer process.

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Table of Contents

The California Form REG 262, also known as the Vehicle/Vessel Transfer and Reassignment Form, plays a crucial role in the process of transferring ownership of vehicles and vessels within the state. This form is not a title itself but must accompany the title or an application for a duplicate title. It is essential for both buyers and sellers to understand its various sections, which include vehicle identification, bill of sale, odometer disclosure, and buyer/seller information. The first section requires details about the vehicle or vessel, such as its identification number, year, make, and model. The bill of sale section is where the seller identifies the buyer and records the sale price or gift value. Additionally, the odometer disclosure statement is a critical component, as it mandates the seller to provide accurate mileage information, with strict penalties for any false statements. This form also includes sections for the signatures of both parties, ensuring that all necessary legal acknowledgments are made. Lastly, if a power of attorney is needed, this form allows individuals to appoint someone to act on their behalf during the transfer process. Understanding and correctly completing the REG 262 is vital for a smooth and legally compliant transfer of ownership.

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Dos and Don'ts

Things You Should Do:

Read the instructions carefully before filling out the form.
Use black or blue ink for all signatures.
Provide accurate information in all sections, especially the odometer disclosure.
Ensure all signatures are original; photocopies are not accepted.
Complete the bill of sale section with both buyer and seller details.

Things You Shouldn't Do:

Do not alter or erase any information on the form.
Avoid leaving any sections blank; all required fields must be filled.
Do not use a power of attorney to complete the odometer disclosure section.
Do not submit photocopies of the form; only original documents are valid.
Refrain from signing the form until all information is correctly filled out.

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)

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)

Listed Questions and Answers

What is the purpose of the California Form REG 262?
The California Form REG 262, also known as the Vehicle/Vessel Transfer and Reassignment Form, is used to document the transfer of ownership for vehicles and vessels in California. This form is required to accompany the title or an application for a duplicate title. It is not a certificate of ownership but serves as a necessary document to facilitate the transfer process.
Who needs to complete the REG 262 form?
The REG 262 form must be completed by both the seller and the buyer of the vehicle or vessel. The seller provides information regarding the transaction, including the buyer's details, the sale price, and the odometer reading. Buyers must also acknowledge the odometer reading and certify the accuracy of the information provided.
What information is required on the REG 262 form?
The form requires several key pieces of information:
- The vehicle or vessel identification number, year, model, make, and license plate number.
- The names and addresses of both the seller and buyer.
- The sale price or gift value, along with the date of the transaction.
- The odometer reading at the time of sale, along with any discrepancies if applicable.
What happens if the odometer reading is altered?
If any alterations are made to the reported odometer reading, the odometer disclosure section of the REG 262 form will be void. In such cases, a new odometer statement must be completed, which includes the signatures of both the buyer and seller. This requirement is mandated by federal and state law to ensure accurate mileage reporting during ownership transfers.
Can someone else complete the REG 262 form on behalf of the buyer or seller?
Yes, a person or company can be appointed as an attorney-in-fact to complete the REG 262 form on behalf of the buyer or seller. This is done through the Power of Attorney section of the form. However, it is important to note that the odometer disclosure statement cannot be completed by an attorney-in-fact; it must be signed by the actual buyer and seller.

Form Overview

Fact Name	Description
Form Purpose	This form is used for the transfer and reassignment of vehicle or vessel ownership in California.
Not Ownership Certificate	The REG 262 form is not a certificate of ownership and must accompany the title or application for a duplicate title.
Required Signatures	All signatures on the form must be in ink. Photocopies of the form are not accepted.
Odometer Disclosure	Federal and state law requires an odometer disclosure statement, which must be completed by the seller.
Power of Attorney	This form includes a section where individuals can appoint someone to act on their behalf for the transfer of ownership.
Bill of Sale	The bill of sale section must be filled out by the seller, detailing the buyer's information and the selling price or gift value.
Governing Laws	The form is governed by California Vehicle Code Sections 5600-5604 and other related laws.
Retention Requirements	Dealers and auto auctions must retain a photocopy of the odometer disclosure for five years.