Section 5532 - Report of Transfer(a) Following any sale, lease with an option to buy, or transfer by any other means of a used unit registered with the department or DMV, the transferor(s) of the used unit shall, within 20 days after the date of sale or lease, complete and forward to the department a notice of the sale or transfer.(b) The notice of sale or transfer shall be signed under penalty of perjury by the transferor(s), and shall contain the following information:(1) the applicable unit identifying information;(2) the name and address of the transferee(s);(3) a statement that: (A) the transferor(s) is the lawful owner(s) of the unit, has the right to sell the unit, guarantees and will defend the title to the unit against claims and demands arising prior to the dated date of the statement;(B) the unit is free of all liens and encumbrances, except for the lien(s) of the lienholder(s) identified in the statement; and(C) the transferor(s) transferred the unit to the transferee(s) on the date and for the sum specified in the statement.Cal. Code Regs. Tit. 25, § 5532
1. New section filed 12-31-97; operative 1-1-98 pursuant to Government Code section 11343.4(d) (Register 98, No. 1). Note: Authority cited: Sections 18015 and 18075, Health and Safety Code. Reference: Section 18100.5(a), Health and Safety Code.
1. New section filed 12-31-97; operative 1-1-98 pursuant to Government Code section 11343.4(d) (Register 98, No. 1).