Selling my iMac and have multiple questions

I am selling my imac with applecare still on it. First off, how do i transfer applecare? I see you can in the terms and conditons but it is kind of hard to understand. what exactly do i need to email to [email protected]? Second, I have Mountain Lion installed on my computer, but you get updates and such through the app store. Is the OS tied in any way to the apple id I purchased it with? Like will the new buyer be able to update and never see my apple id show up or need it? And lastly, how to I go about preparing the hard drive for a new owner? i.e. wipe all data, writing over it, not sure what the best option is here, then how to get mountain lion back on there as new computer. Thanks.

See > How To Prepare a Mac For Sale
and/or > MacTalk - Preparing Your Old Mac for Sale
As for installing an OS X, install the original OS X that came on the iMac as per the above article's and let the new owner thru Setup Assistant establish a new ID and personal account for buying App's and Upgrades.

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