Form REG 135. Vehicle Bill of Sale (California)

The Vehicle Bill of Sale REG 135 is a legal document that is used to establish the transfer of ownership of a vehicle in the state of California. The main purpose of this form is to accurately establish the chain of ownership and protect the interests of both the buyer and the seller.

The form consists of several parts, including a description of the vehicle being sold, the purchase price, and the names and addresses of the buyer and the seller. The important fields that are included in the form are the vehicle identification number (VIN), make, model, and year of the vehicle. The parties involved in the transaction will need to provide certain data such as their full legal names, addresses, and driver's license numbers.

When compiling the Vehicle Bill of Sale REG 135, it is important to accurately establish the chain of ownership. Any bill of sale that identifies the vehicle is acceptable, but it must be completed accurately and without errors. A bill of sale is not required to be notarized or witnessed, except in certain situations.

Additional documents that must be attached to the form include the vehicle's title and registration certificate.

Application examples and use cases for the Vehicle Bill of Sale REG 135 include buying or selling a used car between private parties in California. One of the strengths of this form is that it is acceptable in lieu of the registered owner's release signature on the title. However, one of the weaknesses is that it is not required for sales between California-licensed dealers.

Alternative forms or analogues of the Vehicle Bill of Sale REG 135 may include a vehicle purchase agreement or a sales contract. The key differences between these forms may include the level of detail provided, the specific terms and conditions of the sale, and the legal requirements that must be met.

Once completed, the Vehicle Bill of Sale REG 135 should be stored by both the buyer and the seller for their records. This form is not required to be submitted to the DMV unless the vehicle is being registered for the first time in California.

In conclusion, the Vehicle Bill of Sale REG 135 is an important document for anyone buying or selling a vehicle between private parties in California. It accurately establishes the chain of ownership and protects the interests of both the buyer and the seller. By providing a clear record of the transaction, this form can help to prevent future disputes or legal issues.