Homepage Fillable California Fotm Reg 262 Template

File Details

Fact Name Details
Form Purpose The California REG 262 form is used for transferring ownership of a vehicle or vessel.
Required Signatures All signatures on the form must be in ink; photocopies are not accepted.
Odometer Disclosure Federal and state laws require the seller to disclose the vehicle's mileage at the time of transfer.
Bill of Sale The form includes a section for a bill of sale, detailing the sale price or gift value.
Power of Attorney A section allows the seller to appoint someone to act on their behalf for the transfer.
Governing Laws The form is governed by California Vehicle Code Sections 5901 and 5902.
Retention Requirements Dealers must retain a photocopy of the odometer disclosure for five years.

Sample - California Fotm Reg 262 Form

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)

 

 

 

 

 

 

Common mistakes

Filling out the California Form REG 262 can be straightforward, but many people make mistakes that can lead to delays or complications. One common error is failing to complete all required sections. Each part of the form is crucial, and missing information can invalidate the entire submission. Make sure to double-check that every section is filled out correctly before submitting.

Another frequent mistake is not providing the correct odometer reading. The odometer disclosure statement must reflect the actual mileage at the time of sale. If there’s any alteration, such as crossing out or erasing numbers, it will void the odometer disclosure. Take care to write the mileage clearly and accurately.

People often forget to include signatures. All required parties, including both the buyer and seller, must sign the form in ink. Digital signatures or photocopies are not accepted. Ensure that everyone involved has signed before you submit the form.

Many individuals also overlook the importance of identifying the relationship when a vehicle is given as a gift. If the vehicle is a gift, you must indicate the relationship between the giver and the recipient. This detail can prevent misunderstandings and potential disputes later.

Inaccurate or missing information in the buyer and seller sections is another common pitfall. Each party must provide their full name, address, and contact information. Omitting any of these details can lead to issues with the transfer of ownership.

Some people fail to understand the significance of the power of attorney section. If you are appointing someone to act on your behalf, ensure that this section is filled out correctly. Missing signatures or incorrect names can cause delays in processing.

Another mistake is not checking the form for completeness before submission. It’s easy to overlook small details, so reviewing the form thoroughly can save time and frustration. A quick check can catch any missing signatures or incorrect information.

Finally, many individuals are unaware that photocopies of the REG 262 form cannot be used for submission. The original form must accompany the titling document or application for a duplicate title. Always keep a copy for your records, but remember that only the original is valid for processing.