Fill in a Valid California Fotm Reg 262 Form
Document 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
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IDENTIFICATION NUMBER |
YEAR MODEL |
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MAKE |
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LICENSE PLATE/CF NO. |
MOTORCYCLE ENGINE NUMBER |
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SECTION 2 - BILL OF SALE |
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I/We |
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sell, |
transfer, and |
deliver the above |
vehicle/vessel |
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PRINT SELLER'S NAME(S) |
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to |
GEICO |
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on |
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for the amount of |
$ |
N/A |
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PRINT BUYER'S NAME(S) |
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MO |
DAY |
YEAR |
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(SELLING PRICE) |
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If this was a gift, indicate relationship: |
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(e.g., parents, spouse, friend, etc.) |
$ |
(GIFT VALUE) |
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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 |
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ths (no tenths) miles, and to the best of my knowledge |
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10 |
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reflects the ACTUAL mileage unless one of the following statements is checked. |
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WARNING - ODOMETER DISCREPANCY |
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Odometer reading is NOT the actual mileage |
Mileage EXCEEDS the odometer mechanical limits |
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Explain odometer discrepancy: |
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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 |
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DATE |
DL/ID OR DEALER/DISM # |
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x |
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PRINT BUYER'S NAME |
SIGNATURE |
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DATE |
DL/ID OR DEALER/DISM # |
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PRINT BUYER'S NAME |
SIGNATURE |
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DATE |
DL/ID OR DEALER/DISM # |
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x |
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BUYER'S MAILING ADDRESS |
CITY |
STATE |
ZIP CODE |
DAYTIME TELEPHONE NO |
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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 |
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DATE |
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DL/ID OR DEALER/DISM # |
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x |
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PRINT SELLER'S NAME |
SIGNATURE |
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DATE |
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DL/ID OR DEALER/DISM # |
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x |
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PRINT SELLER'S NAME |
SIGNATURE |
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DATE |
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DL/ID OR DEALER/DISM # |
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x |
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SELLER'S MAILING ADDRESS |
CITY |
STATE |
ZIP CODE |
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DAYTIME TELEPHONE NO |
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SECTION 5 - POWER OF ATTORNEY |
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I/We |
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appoint |
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GEICO |
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PRINT NAME(S) |
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PRINT NAME(S) |
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as my attorney in fact, to complete all necessary documents, as needed, to transfer ownership as required by law. |
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SIGNATURE REQUIRED BY PERSON APPOINTING POWER OF ATIORNEY |
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DATE |
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x |
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SIGNATURE REQUIRED BY PERSON APPOINTING POWER OF ATIORNEY |
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DATE |
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x |
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REG 262 (REV. 10/2011) |
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Document Information
| Fact Name | Details |
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| 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.
- Obtain the REG 262 form from the DMV website or a local DMV office.
- 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.
- 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.
- 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.
- 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.
- 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.
- Review the completed form for accuracy and ensure all required signatures are in ink. Photocopies of the form are not accepted.
- Submit the completed REG 262 form along with the title or application for a duplicate title to the DMV.
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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
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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.
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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.
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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.
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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.
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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.
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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.
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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.