Free California Fotm Reg 262 PDF Form

• Misconception 1: The REG 262 form is the ownership certificate.

This form is not the ownership certificate. It must be accompanied by the actual title or an application for a duplicate title.

• Misconception 2: Photocopies of the REG 262 form are acceptable for submission.

Photocopies are not accepted for the submission of this form. Only the original form with signatures in ink will be valid.

• Misconception 3: The odometer disclosure can be altered after the form is signed.

Any alteration to the odometer reading will void the disclosure statement. It is essential to provide accurate information.

• Misconception 4: The form can be filled out by anyone, regardless of their relationship to the vehicle.

The seller must complete the form, and the buyer must also acknowledge the information provided. Each party must have a direct interest in the transaction.

• Misconception 5: You do not need to provide a reason for odometer discrepancies.

If there is a discrepancy, it must be explained on the form. Failing to do so can lead to legal consequences.

• Misconception 6: The REG 262 form is only for vehicle sales.

This form is also applicable for the transfer of vessels. It covers both types of ownership transfers.

• Misconception 7: All signatures on the form can be electronic.

All signatures must be in ink. Electronic signatures are not permitted on this form.

• Misconception 8: The buyer and seller do not need to provide their mailing addresses.

Both parties must include their mailing addresses on the form to ensure proper communication and record-keeping.

• Misconception 9: The form is only necessary for private sales.

The REG 262 form is required for all transfers of ownership, including those involving dealers and auto auctions.

What is the California Form REG 262?

The California Form REG 262, also known as the Vehicle/Vessel Transfer and Reassignment Form, is a document required for the transfer of ownership of a vehicle or vessel in California. It is not the ownership certificate but must accompany the title or an application for a duplicate title. This form is essential for ensuring that the transfer is properly documented and recognized by the Department of Motor Vehicles (DMV).

Who needs to complete this form?

This form must be completed by both the seller and the buyer of the vehicle or vessel. The seller fills out the details regarding the sale, including the purchase price or gift value, while the buyer acknowledges the transfer and the odometer reading. If there are multiple sellers or buyers, all parties must sign the form. This ensures that everyone involved is aware of and agrees to the terms of the transfer.

What information is required on the form?

The REG 262 requires several key pieces of information. This includes the vehicle or vessel identification number, year, make, model, and license plate number. Additionally, the form must include the names and addresses of both the seller and the buyer, the sale date, and the odometer reading at the time of transfer. If applicable, the relationship between the seller and buyer must be noted if the transfer is a gift.

What is the odometer disclosure statement?

The odometer disclosure statement is a critical part of the REG 262. Federal and state law mandates that the seller must disclose the vehicle's mileage at the time of transfer. Any alterations to the reported mileage will void this section of the form. Both the seller and buyer must print their names, sign, and date this section to confirm the accuracy of the odometer reading. Failure to provide accurate information may result in legal penalties.

Can this form be photocopied?