FINDERDOC.COM – REG 138 – Notice of Transfer And Release Of Liability – REG 138 – Notice of Transfer and Release of Liability is a form used by the California Department of Motor Vehicles when transferring ownership of a vehicle. This article will discuss what information needs to be included on this form, how it should be filed, and the process that must take place in order for the transfer to be complete. Filing REG 138 is a necessary step for both buyers and sellers when transferring ownership of a car in California. It ensures that all parties involved are aware of their responsibilities and liabilities, as well as ensuring that the new owner can legally drive the car after purchasing it.
Download REG 138 – Notice of Transfer And Release Of Liability
|Notice of Transfer And Release Of Liability
|California DMV Form
What is a REG 138 Form?
A REG 138 form, also known as the Notice of Transfer and Release of Liability, is a document required by the California Department of Motor Vehicles (DMV) when a vehicle’s ownership is transferred. The DMV requires the buyer and seller to both complete the form in order to inform the DMV of any changes in ownership. It is important that this form be completed accurately and completely, as it serves as proof that the title has been transferred from one individual to another.
The REG 138 form includes information such as the description of the vehicle being sold, including year, make and model; odometer reading; name and address of both buyer and seller; registration fees paid; date of sale; smog certification requirements; statement regarding previous liens on vehicle; statement regarding odometer disclosure requirements; statement for transfer penalty (if applicable); signatures of both buyer and seller.
What is the Purpose of REG 138 Form?
REG 138, or the Notice of Transfer and Release of Liability form, is a legally required document in California that must be filled out by both parties when transferring ownership of a vehicle. It is used to notify the Department of Motor Vehicles (DMV) that the registered owner has sold or otherwise transferred their vehicle to another individual or entity. The form also serves as proof that all outstanding obligations associated with the vehicle have been satisfied and releases any liability from future violations related to it.
When buying or selling a vehicle in California, both parties must complete REG 138. The seller must provide information such as their name and address, DMV file number, license plate number and odometer reading at the time of sale. The buyer must supply similar information including their name and address, driver license number and purchase price of the vehicle.
Where Can I Find a REG 138 Form?
The REG 138 form, also known as the Notice of Transfer and Release of Liability, is an essential document when transferring ownership of a vehicle in California. It is necessary to complete this form with the DMV whenever a vehicle is sold, donated or gifted. In order to find the REG 138 form, one should first visit the California Department of Motor Vehicles (DMV) website. Here, users can locate and download both fillable and printable versions of the form under ‘Forms & Publications’.
If unable to access the DMV website, one may also request a copy at their local DMV office or by mail by calling 1-800-777-0133. Additionally, most auto insurance providers allow customers to obtain copies from their websites as well.
REG 138 – Notice of Transfer And Release Of Liability
The California Department of Motor Vehicles (DMV) offers an important document for vehicle owners called REG 138, a Notice of Transfer and Release of Liability. This form is necessary when transferring the ownership of a motor vehicle to another individual or business.
Filling out this form will provide legal protection to the current owner in case any liabilities arise with the transferred vehicle after the transfer is complete. The form must be filled out completely and accurately, and signed by both parties involved in the transfer. The current owner has 10 days after signing it to submit it to the DMV in order to release their liability on the vehicle.