This form is a release of liability. The releasor forever discharges and acquits the releasee of all damages and injuries resulting from the event described in the document.
Dmv Release Of Liability Without Fault
Category:
State:
Multi-State
Control #:
US-01764
Format:
Word;
Rich Text
Instant download
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FAQ
You are required by law to notify the Department of Motor Vehicles (DMV) within five (5) days from the date you sell or otherwise dispose of a vehicle or vessel. This form is provided for use in reporting the sale or transfer to the Department, and does not constitute application for transfer of ownership (title).
How to Fill Out REG 138 Form?Write down the new owner's full name and address.Record the current odometer reading;Indicate the date of sale, transfer, or lease return;Enter the seller's or lessee's full name or company name and address;State the selling price of the vehicle or watercraft.More items...
If the buyer does not sign the title and mail or give it to DVS, then the seller's name stays on the title of the car. If the buyer doesn't transfer the title within 10 days, the car's registration is suspended. What should I do if I sold a car but didn't report the sale? You should report the sale to DVS immediately.
Notice of Transfer and Release of LiabilityYou will need the new owner's name and address.Have the license plate number and last five digits of the vehicle identification number (VIN) handy.Have the vehicle odometer reading as of the sale or transfer date.More items...
Step 1: Get your paperwork in orderThe Vehicle/Vessel Transfer and Reassignment (REG 262) form, which you'll need to get from the DMV as it's not online you can call 1-800-777-0133 to get it mailed to you disclose the odometer reading on this form.Car bill of sale (California DMV form)More items...?14-Sept-2021
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Vehicles are required to be titled in the buyer's name within 30 days from the date of sale. If you complete an approved PIRP course:It will help.Suspension of your vehicle registration. If you fail to fill out and submit this form, the DMV will assume you are still the owner of the vehicle. And you cannot sue or be sued unless there are serious injuries. Outofstate policies are not accepted. This form is provided for use in reporting the sale or transfer to the Division and does not constitute application for transfer of ownership.
