The “goldenrod” registration card — so called because of its distinctive color — represents the vehicle’s registration record, as distinct from the title. In some situations, a transfer can be processed using the registration card when the title is unavailable. However, this is a limited procedure and doesn’t substitute for a full title transfer in most circumstances.
A registration-only transfer — or “reg card only” transfer — may be used in specific situations where DMV’s records confirm the transferor’s ownership and there are no title holds, liens, or other complications. This is not a shortcut for avoiding the title transfer process; it’s a procedure for specific situations where the title can’t be produced but DMV’s records are clear.
If you encounter a situation where a registration-only transfer might be appropriate, consult with DMV or your title service company to confirm that the procedure is applicable. Using a reg-card-only transfer when a full title transfer is required can result in the buyer not receiving clear title — a significant problem.