Once the buyer receives the required documentation and the CA DMV receives the completed NRL, the seller’s part of the transaction is complete. Keep a copy of the transfer for your records. Complete a Notice of Transfer and Release of Liability (NRL) ( Form REG 138) within 5 days of releasing the ownership of a vehicle.Use Form REG 227 if the vehicle is 10 years old or older, a commercial vehicle with a GVW or CGW weighing more than 16,000 pounds, or the vehicle is new and being transferred prior to its first retail sale by a dealer. Disclosure odometer mileage reading on the Vehicle Transfer and Reassignment Form ( Form REG 262).There are other steps the seller needs to follow when vehicle ownership is transferred in California, such as: Other Steps the Seller Needs to Follow When Vehicle Ownership is Transferred Make sure you have all required signatures on the proper sections to avoid penalties and delays. The buyer needs to take the completed form to their local CA DMV office and receive a new registration and title. If you have a lien holder release, it must be notarized. If you don’t have the California Certificate of Title, you can use an Application for Replacement or Transfer of Title ( REG 227) to transfer ownership of the vehicle. The buyer needs to take the signed vehicle title to their local CA DMV office to apply for transfer of ownership. If you have possession of the California Certificate of Title for the vehicle, the seller will sign the title to release ownership of the vehicle. When the ownership of a vehicle is transferred between two private parties, it’s up to the private parties to transfer the vehicle title. If you’re purchasing a new car from a dealership, the dealer handles the paperwork, and you will receive your CA vehicle title from the DMV in the mail. Title Transfer Requirements When Selling a Car in California You are not required to pay renewal fees and parking/toll violation fees to receive your replacement California Certificate of Title.
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