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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)

 

 

 

 

 

 

Document Information

Fact Name Details
Purpose of Form The California REG 262 form is used for transferring ownership of a vehicle or vessel. It must accompany the title or application for a duplicate title.
Odometer Disclosure Federal and state laws require that the odometer reading be disclosed at the time of transfer. Any alteration to this section will void the odometer statement.
Signatures Required All signatures on the REG 262 must be in ink. Photocopies of the form are not accepted for official purposes.
Gift Transfers If the vehicle or vessel is a gift, the relationship between the seller and buyer must be indicated on the form.
Governing Law This form is governed by California Vehicle Code Sections 5600-5604, which outline the requirements for vehicle transfers.

California Fotm Reg 262 - Usage Guidelines

Filling out the California Form REG 262 is a crucial step when transferring ownership of a vehicle or vessel. This form must accompany the title or an application for a duplicate title. Properly completing it ensures that all necessary details are recorded accurately, facilitating a smooth transition of ownership.

  1. Obtain the REG 262 form from the DMV website or a local DMV office.
  2. In Section 1, provide the vehicle or vessel description. Fill in the identification number, year, model, make, and license plate or CF number. If applicable, include the motorcycle engine number.
  3. Move to Section 2, the Bill of Sale. Print the seller's name(s) and the buyer's name(s). If the transfer is a gift, specify the relationship. Enter the date of transfer and the selling price or gift value.
  4. In Section 3, complete the Odometer Disclosure Statement. Enter the current odometer reading and check the appropriate box if there is an odometer discrepancy. Ensure that no alterations are made to this section, as it will void the disclosure.
  5. Proceed to Section 4, where both the buyer and seller must handprint their names, sign, and date the form. Include their driver’s license or ID number, or dealer/dismantler number. Make sure to provide mailing addresses and daytime telephone numbers for both parties.
  6. If appointing someone to act on your behalf, complete Section 5, the Power of Attorney. Print the name(s) of the appointed person(s) and provide signatures and dates from those granting the power.
  7. Review the completed form for accuracy and ensure all required signatures are in ink. Photocopies of the form are not accepted.
  8. Submit the completed REG 262 form along with the title or application for a duplicate title to the DMV.

Dos and Don'ts

When filling out the California Form REG 262, there are several important dos and don'ts to keep in mind.

  • Do complete all sections of the form accurately.
  • Do use black or blue ink for all signatures.
  • Do disclose the correct odometer reading without alterations.
  • Do include the full names and addresses of both the buyer and seller.
  • Don't submit photocopies of the form; original signatures are required.
  • Don't leave any sections blank; all fields must be filled out.
  • Don't alter the odometer reading in any way, as it will void the disclosure.
  • Don't forget to check the appropriate boxes regarding odometer discrepancies.

Common mistakes

  1. Omitting Required Information: Many individuals fail to fill out all necessary fields in the form, particularly in the vehicle/vessel identification section. Each detail, including the identification number, year, model, and make, is crucial for proper processing.

  2. Incorrect Odometer Disclosure: Some people either provide inaccurate mileage readings or neglect to disclose discrepancies. The odometer section must reflect the actual mileage unless specified otherwise, and any alterations can void the disclosure.

  3. Improper Signatures: Signatures must be in ink, and all parties involved must sign the document. Failing to have the correct individuals sign, especially in cases of co-ownership, can lead to delays or rejection of the form.

  4. Missing Date Information: Dates are essential for both the sale and odometer disclosure sections. Incomplete date fields can cause confusion and may result in processing issues.

  5. Ignoring Gift Value: When a vehicle or vessel is given as a gift, it is important to indicate the relationship between the parties involved and the gift value. Omitting this information can lead to complications, especially if the transaction is questioned.

  6. Failure to Use Original Form: Photocopies of the form are not accepted. Submitting a copied version instead of the original can result in immediate rejection by the DMV.

  7. Inadequate Power of Attorney Details: When appointing someone as an attorney-in-fact, it is critical to provide complete names and signatures. Any missing information can invalidate the power of attorney, complicating the transfer process.