FINDERDOC.COM – REG 686 – Statement of Facts for Vehicles Valuated at $500 or Less Removed by a Public Agency for Reasons other than Abandonment – This article is intended to provide an overview of REG 686 – Statement of Facts for Vehicles Valuated at $500 or Less Removed by a Public Agency for Reasons other than Abandonment. It sets out the purpose and scope of REG 686, as well as key points and considerations that must be addressed when preparing a statement of facts. This article also provides information on how to prepare and file the statement with the local public agency, including any regulations that apply. Finally, it addresses the potential implications and consequences if a statement has not been filed in accordance with REG 686.
Download REG 686 – Statement of Facts for Vehicles Valuated at $500 or Less Removed by a Public Agency for Reasons other than Abandonment
| Form Number | REG 686 |
| Form Title | Statement of Facts for Vehicles Valuated at $500 or Less Removed by a Public Agency for Reasons other than Abandonment |
| File Size | 313 KB |
| Form By | California DMV Form |
What is a REG 686 Form?
A REG 686 is a form used by public agencies when they remove a vehicle from its owner that is valued at $500 or less. The form serves as an acknowledgment of the removal and often includes details such as the date, time, and reason for the removal. It also outlines any payment made to the owner for surrendering their property and provides them with a receipt number for future reference.
The purpose of this form is two-fold: firstly, it serves as proof that the public agency complied with all applicable laws when removing the vehicle; secondly, it allows the former owner to later claim compensation from either their insurance company or from other government programs in case of damage or loss due to neglect or malicious intent on behalf of another party. The fact that this document exists ensures fairness in both civil and criminal proceedings involving vehicles removed by public agencies.
What is the Purpose of the REG 686 Form?
The REG 686 Form is an official document used by California’s Department of Motor Vehicles (DMV) for providing the details about vehicles valued at $500 or less that are removed from public agency properties. The form allows the DMV to track, record and process any disposal activities associated with these vehicles.
The purpose of the REG 686 Form is to ensure that public agencies follow proper procedures when removing vehicles valued at $500 or less from their properties. It includes sections where agencies can provide detailed information about the vehicle being disposed, such as make and model information, odometer readings, VIN numbers and other identifying features. This data is then used by the DMV to determine if a lien should be placed on the vehicle prior to its disposal.
Where Can I Find a REG 686 Form?
The REG 686 form, also known as the Statement of Facts for Vehicles Valuated at $500 or Less Removed by a Public Agency for Re, is an important document to have when registering a vehicle. It is required for vehicles that are valued at less than $500 and were removed by a public agency, such as law enforcement.
The form can be found on the California Department of Motor Vehicles (DMV) website. The DMV provides a link directly to the form, so it’s easy to download and fill out electronically or print off and complete with pen. The form must be signed in front of either a notary public or DMV employee before being submitted with other registration documents. Once approved, the DMV will issue title documents for the new vehicle registration.
REG 686 – Statement of Facts for Vehicles Valuated at $500 or Less Removed by a Public Agency for Reasons other than Abandonment
REG 686 is a form that must be submitted by public agencies when they take possession of vehicles valued at $500 or less. The form serves two main purposes: first, it provides the owner with a written record of the removal and second, it facilitates the transfer of ownership to the public agency.
The REG 686 form must contain certain information such as make and model of the vehicle, year manufactured, VIN number, license plate number, color and type of vehicle. It also requires signatures from both parties involved in the transaction. When submitting this form to the DMV, an accompanying fee must also be paid in order for the transfer to take place.
It is important for owners who have had their vehicles removed by a public agency to understand REG 686 and its implications on their rights as an owner.
REG 686 Form Example
