Form REG 262 (Vehicle/Vessel Transfer and Reassignment)

Form REG 262 (Vehicle/Vessel Transfer and Reassignment)

Everyday, vehicles and vessels are sold by dealers as well as in private sales between two individuals. When a vehicle is sold, there are many steps that must be carried out, including arranging to finance, obtaining car insurance, transferring the ownership from one person to another or from a dealer to a client. Part of the transfer process is disclosing the odometer reading on the vehicle and indicating that this reading is accurate and has not been tampered with.

Normally the dealer would take care of all of the paperwork needed to transfer ownership. However, when selling a vehicle between two individuals, it is up to the seller and the buyer to make sure that all of the documents are properly filled in and registered at a DMV nearby.

In this post, we will discuss everything you need to know about Form REG 262 and answer some of the most frequently asked questions many readers have.

What Is a Form REG 262?

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. Other forms can also be used for the bill of sale (REG 135) and for power of attorney (REG260)

There are situations where the title to the vehicle is not in compliance with local regulations; the paper trail is unavailable, the title is unavailable, a duplicate is required (REG227) or if the odometer has been altered or is incorrect. These situations also require form REG 262 to be completed.

All details of the vehicle are included on the form, including title owner, VIN number, and odometer reading. All of the information must be accurate and comply with state records. It must be legally available for transfer or sale.

How do I file a REG 262?

The form must be filled out and signed by both parties. Once this is completed, one or both parties can visit their DMV office to submit the form, pay whatever fees are charged for transfers, and receive the updated paperwork showing the transfer of the vehicle as completed and the title now in possession of the buyer.

The Vehicle/Vessel Transfer and Reassignment Form REG 262 is not available online. Security paper is used to print the form. This is required to make it comply with federal odometer disclosure regulations. Visit the DMV office close to you to pick up a free copy.

Form REG 262: Instructions

Printing a copy from an online website may save some time since you can use this online version to collect your information. If you make mistakes, just cross the incorrect information out and write in the correct details.
NOTE – you must obtain an original document from the DMV. There can be no mistakes or corrections on the document. It will be voided if there are rubouts or mistakes.

The form REG 262 must be completed by a third party and not the applicant. The 3rd party must not be involved in the sale or transfer of the vehicle.

Fill in the vehicle/vessel’s license plate number, the vehicle identification number (VIN), the state the plate was issued in, the license plate expiration date, and details about the vehicle’s look (including make, model, size). The form then asks for details about the location of the VIN, who attached it, type, and U.S. Federal Certification Label Status.

The exact odometer reading, either in kilometers or miles, must be filled in the odometer section of the statement. The emission status must be filled in to indicate that it meets both federal and state EPA emission standards. If the 3rd party who is filling the form in feels that the sale or transfer is in question, there is a section for them to fill in indicating their concern. The 3rd party person who filled in the form must sign the form indicating that all of the information provided is correct.

FAQs

The following are a few of the most frequently asked questions by consumers looking for information about REG 262 and how to transfer a vehicle or a vessel.

Where Can I Get a REG 262 Form?

The Vehicle/Vessel Transfer and Reassignment Form REG 262 is available at a DMV office close to you. It is printed on security paper. Online copies can be obtained; however, they will not be accepted at the DMV. This process is required to comply with federal odometer disclosure regulations. Visit a DMV office near you to pick up a free copy.

Who fills out the REG 256?

The REG 256 is used to clarify information the DMV may need in order to complete registration. Most consumers will not need this form; however, you can check with the DMV. The seller uses this form to specify:
Tax status for exemption
Exemption for Smog status
Request a transfer only or title only
Request to change the name
Specify vehicle body changes
Request a wheelchair lift or carrier

What do you need to sell a car in California?

The form is issued by the California DMV. Vehicle/Vessel Transfer and Reassignment, Form REG 262 is used for multiple purposes, including:
Odometer disclosure
Bill of sale
Power of attorney
If the title is non-complying
Form REG 227 is required – Application for duplicate or paperless title
If the title is unavailable at the time of transfer
If the odometer was altered or incorrect

Is REG 262 required?

REG 262 is not always required. Forms REG260 which is a power of attorney form, and form REG135, which is a bill of sale form, can be used instead of REG 262 when an odometer reading is not required.

How do I write a statement of facts for the DMV?

Form REG 256 is a statement of facts and may be required to clarify information needed by the DMV to complete the registration. Most sellers do not need this form; however, it is used to specify various details:
Specify exemption for tax status,
Exemption for Smog status,
Transfer only or title only, or change the name
Request a wheelchair lift or wheelchair carrier window decal or specify vehicle body changes.
A Statement of Facts form REG 256 is basically a legal form that presents the factual information for a vehicle. It is a very important document used in filing vehicle registration paperwork. The Statement of Facts form offers the applicants with options, which he or she just checks off.

Final Thoughts

In most vehicle sales or transfers, the dealer looks after all of the paperwork required. However, for private sales or transfer situations, 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. Other forms can also be used for the bill of sale (REG 135) and for power of attorney (REG260).

It is important to note that any changes to the form, alterations, or erasures on Form REG262 will cause the form to be voided and unusable. The DMV will not accept altered forms.

A 3rd party must fill out the form and, upon signing the form, attests that the information is correct and accurate. The 3rd party must not be connected with the seller or the buyer.

If you are unsure which forms to use when transferring or selling a vehicle, visit or call a DMV center, describe the situation, and ask for advice regarding which forms are needed to complete your transaction.

Modifying or changing the odometer or entering incorrect information on these forms is illegal. The seller and the 3rd party filling in the forms REG 262 are indicating the accuracy of the odometer reading.