CA DMV Form REG 168A. Certification of Lien Sale for Vehicle Valued $4000 or Less
This form is used to certify that a vehicle valued $4000 or less has undergone the lien sale process. The purpose of this form is to provide evidence that the lien sale requirements have been fulfilled and the vehicle can be transferred to a new owner with a clear title.
The form consists of sections where the lienholder (seller) provides their information such as name, address, contact details, and details about the vehicle being sold. It may require additional details about the lien sale process, including dates, amounts owed, and information about the redemption period. The form also includes provisions for indicating the buyer's information and signatures from both the lienholder and the buyer.
Important fields in this form include accurately providing lienholder and buyer information, clearly documenting the details of the lien sale process, and ensuring that all required signatures are obtained. It is crucial to follow the instructions provided on the form, provide accurate information about the lien sale, and complete all necessary sections to facilitate the proper certification of the lien sale.
Application Example: When a vehicle valued $4000 or less goes through a lien sale process, the lienholder would complete Form REG 168A to certify the lien sale. The form should be filled out with the necessary details, including the lienholder's and buyer's information, information about the vehicle, and specific details about the lien sale process. Once completed, the form is submitted to the DMV as evidence of the completed lien sale.
Related Forms: An alternative or related form may be the REG 168 (Certification of Lien Sale), which is used for vehicles valued over $4000. While REG 168A specifically addresses vehicles valued $4000 or less, REG 168 covers lien sales for higher-valued vehicles.