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The Vehicle/Vessel Transfer and Reassignment Form (REG 262) is used for odometer disclosure when: The title is a noncomplying title. An Application for Replacement or Transfer of Title (REG 227) form is required and is part of the application. The title is unavailable at the time of transfer.
These forms may be required when transferring ownership of a vehicle or vessel: Application for Replacement or Transfer of Title (REG 227) Vehicle/Vessel Transfer and Reassignment (REG 262) form (call the DMV’s automated voice system at 1-800-777-0133 to have a form mailed to you)
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. reflects the ACTUAL mileage unless one of the following statements is checked.
Complete a Vehicle/Vessel Transfer and Reassignment Form (REG 262) or Bill of Sale (REG 135) form from the dealer to the buyer, unless the vessel is being registered to the dealer. Collect the repossession fee and the transfer fee (see Chapter 3 , for fees).
Application for Replacement or Transfer of Title (REG 227) form. A Vehicle/Vessel Transfer and Reassignment (REG 262) form. A Statement of Facts (REG 256) form.
Form REG 262 can be used to transfer a vehicle or reassign a vehicle. This one form is used to disclose the odometer reading on the vehicle, as a bill of sale, and as a power of attorney when a vehicle is being sold or transferred to another party.
Filling out and using the California Form REG 262, known as the Vehicle/Vessel Transfer and Reassignment Form, involves several key steps and legal requirements essential for properly documenting the sale or transfer of a vehicle or vessel within California.
The REG 262 form begins with the vehicle/vessel’s license plate number, vehicle identification number (VIN), the state the plate was issued in, the expiration date of the license plate, and details about the look of the vehicle (make, model, size).
This can be recorded either on the certificate of title or on a completed Vehicle/Vessel Transfer and Reassignment (Form REG 262) (available from a California DMV office). Once you've sold your vehicle and provided all required documents to the buyer, you'll need to notify the CA Department of Motor Vehicles (DMV) that you no longer own the car.
If the title does not have a line where you can write the mileage information, complete a Vehicle/ Vessel Transfer and Reassignment (REG 262) form. Make sure both the buyer and seller sign the form.