FINDERDOC.COM – REG 5059 – Vehicle, Vessel, or Off-Highway Vehicle Title Deposit Agreement and Assignment – Vehicle owners and dealers have a lot of paperwork to manage when it comes to dealing with titles. REG 5059 is an important document that is used by the Department of Motor Vehicles (DMV) in order to officially transfer ownership from one party to another. This article will provide an overview of REG 5059 – Vehicle, Vessel, or Off-Highway Vehicle Title Deposit Agreement and Assignment, including what it is, why it’s necessary, and how you can use this form for your own title transactions.
Download REG 5059 – Vehicle, Vessel, or Off-Highway Vehicle Title Deposit Agreement and Assignment
| Form Number | REG 5059 |
| Form Title | Additional Liens Statement |
| File Size | 455 KB |
| Form By | California DMV Form |
What is a REG 5059 Form?
The REG 5059 Form is a document issued by the California Department of Motor Vehicles (DMV). It is used to register vehicles, vessels, or off-highway vehicles in the state. This form must be filled out and submitted along with other documents when registering a vehicle.
The REG 5059 Form requires information such as the vehicle’s make, model and year; owner’s name and address; lienholder’s name and address; odometer reading; vehicle or vessel identification number (VIN); as well as other information that has been requested by the DMV. Once all of this information has been collected, it must be mailed to the DMV along with payment for any applicable fees. Upon receipt of all required documents, the DMV will issue registration documents which include new license plates and registration card or sticker.
What is the Purpose of the REG 5059 Form?
The REG 5059 form is an official document issued by the California Department of Motor Vehicles (DMV) and serves as a Vehicle, Vessel, or Off-Highway Vehicle Title Deposit Agreement and Assignment. This form is used in conjunction with the transfer of ownership between two parties for any type of vehicle.
The purpose of this form is to assign title from the seller to the buyer in order to legally transfer ownership rights over a vehicle. The REG 5059 must be completed and signed by both parties involved in the transaction, along with any witnesses that may be necessary. Once properly filled out, this form will serve as proof of ownership when registering or transferring titles to new owners at DMV offices. Furthermore, it also certifies that all fees associated with the sale have been paid in full and that there are no liens on the vehicle being sold.
Where Can I Find a REG 5059 Form?
The REG 5059 form is available from the California Department of Motor Vehicles (DMV), online or in-person. The form is used to title a vehicle, vessel, or off-highway vehicle in California. It must be completed and submitted with the applicable fees when applying for a title transfer.
When ordering the REG 5059 form online from the DMV website, individuals will need to provide their name, address, and email address in order to create an account with the DMV. Once they have created an account, they can log into it and search for the REG 5059 form by entering “REG 5059” in the search field. They then simply need to download and print out a copy of it.
REG 5059 – Vehicle, Vessel, or Off-Highway Vehicle Title Deposit Agreement and Assignment
REG 5059 is a document that serves as proof of ownership when one purchases a vehicle, vessel, or off-highway vehicle. The form outlines the terms and conditions of the sale and provides a secure means for transferring the title. It must be completed by both parties involved in the transaction prior to taking possession of the item. This ensures that all necessary registration paperwork is properly filed with the state department of motor vehicles.
The assignment portion of REG 5059 specifies who has rights to the ownership and operation of the item being purchased. It is important for buyers to read through this document carefully before signing it so that there are no misunderstandings about who holds title to the vehicle or vessel. Furthermore, it includes instructions on how to complete registration documents and transfer fees associated with registering an item in some states.
REG 5059 Form Example
