Section 12 of 38
Chapter 11: Transfers
11.115 Multiple Transfers
Chapter 11 Transfers
11.115 Multiple Transfers (VC §5750)
A multiple transfer is when a vehicle is sold more than once (other than dealer to dealer) without a new title being issued.
In addition to the procedures listed in the Basic Transfer Requirements section in this chapter, the following must be submitted:
• The name, address, and signature for all buyers on the California Certificate of Title. However, a signed Vehicle/Vessel Transfer and Reassignment Form (REG 262) and the printed name of all buyers on the Certificate of Title may be accepted in lieu of the written signature of previous buyers on the title.
The current buyer(s) to whom ownership of the vehicle is being transferred must sign the Certificate of Title.
• The fees due. A transfer fee is due for each buyer. However, only the last transfer is subject to a transfer penalty. Use tax paid by a previous buyer cannot be used for any fees due for a subsequent buyer.
• Identify the chain of ownership by writing “I,” “II,” etc., in front of each buyer’s name on the title y the REG 262.