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State of Alabama Disclosure Statement (Required by Act 2001-955) ENTITY COMPLETING FORM ADDRESS CITY, STATE, ZIP TELEPHONE NUMBER () STATE AGENCY/DEPARTMENT THAT WILL RECEIVE GOODS, SERVICES, OR IS
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How to fill out alabama odometer statement form

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How to fill out Alabama odometer statement:

01
Obtain the Alabama odometer statement form. This can be downloaded from the Alabama Department of Revenue website or obtained from a local Department of Motor Vehicles office.
02
Begin by filling in the vehicle information, including the make, model, year, and vehicle identification number (VIN). This information can usually be found on the vehicle's registration or title.
03
Next, provide your personal information, including your full name, address, and driver's license number.
04
Fill in the current odometer reading of the vehicle. Make sure to record the number accurately and without any tampering or alterations.
05
Indicate whether the odometer reading reflects the actual mileage, the mileage is in excess of its mechanical limits, or if the mileage is not the actual mileage.
06
If the vehicle is being sold or transferred to another party, both the seller and buyer must sign and date the statement. This confirms that both parties are aware of the accuracy of the reported odometer reading.
07
It is recommended to keep a copy of the completed odometer statement for your records.

Who needs Alabama odometer statement:

01
Anyone selling a motor vehicle in the state of Alabama needs an odometer statement. This includes individuals selling their personal vehicles and dealerships selling both new and used cars.
02
Buyers of motor vehicles may also require an odometer statement if they need to verify the accuracy of the reported mileage.
Note: It is important to comply with Alabama's odometer laws and regulations to prevent any potential legal issues in the future.

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An Alabama odometer statement refers to a legally required document in the state of Alabama that must be filled out when transferring vehicle ownership. The statement is used to verify and record the current mileage on the vehicle's odometer at the time of sale or transfer. It aims to prevent odometer fraud by providing transparency and accuracy in the vehicle's mileage information. Both the buyer and seller are required to sign this statement as part of the transfer process.
In Alabama, the law requires the seller of a motor vehicle to provide an Odometer Disclosure Statement to the buyer. The Odometer Disclosure Statement should be completed and signed by the seller, then provided to the buyer during the vehicle transfer process.
To fill out an Alabama odometer statement, follow these steps: 1. Obtain the official Alabama odometer statement form. This form may be available from the Alabama Department of Revenue or the Alabama Motor Vehicle Division. It may also be provided by the seller of the vehicle. 2. Identify the vehicle information. Enter the relevant details about the vehicle, including make, model, year, VIN (Vehicle Identification Number), and license plate number. 3. Provide the buyer and seller information. Enter the full name, address, and contact information of both the buyer and the seller. This includes their full names, addresses, phone numbers, and email addresses. 4. Input the current odometer reading. Record the exact mileage displayed on the vehicle's odometer at the time of sale or transfer. Ensure that the digits are accurate and do not include any fractions or tenths of a mile. 5. Choose the statement that applies. Select the appropriate statement that reflects the vehicle's condition, ownership history, and any known discrepancies or limitations. The options may include statements such as "actual mileage," "not actual mileage," "exceeds mechanical limits," or "mileage unknown." 6. Signing and dating. Both the buyer and seller must sign and date the odometer statement. Make sure that the signatures are legible and match the information provided. 7. Retain a copy. Keep a copy of the completed odometer statement for your records. This will serve as proof of the mileage disclosure in case it is required at a later date. 8. Submit the form if necessary. Depending on the specific requirements in your situation, you may need to submit the completed odometer statement to the appropriate authorities, such as the Alabama Department of Revenue or the Alabama Motor Vehicle Division. Check with the local DMV office or refer to the instructions on the form for guidance. Note: It is essential to provide accurate information and not engage in any form of odometer fraud, as this is illegal and can result in severe penalties.
The purpose of an Alabama odometer statement is to provide a legal document that records the mileage of a vehicle at the time of sale or transfer. This statement is used to prevent fraud related to the alteration or tampering of a vehicle's odometer, which is illegal in most jurisdictions. By providing an accurate mileage reading, the odometer statement aims to protect buyers from unknowingly purchasing vehicles with false mileage readings, which can affect the vehicle's value, reliability, and potentially misrepresent its overall condition.
According to the Alabama Department of Revenue, the following information must be reported on the Alabama Odometer Statement: 1. Vehicle Information: The make, model, year, and vehicle identification number (VIN) of the vehicle. 2. Seller's Information: The name, address, and driver's license number of the person selling the vehicle. 3. Buyer's Information: The name and address of the person buying the vehicle. 4. Odometer Reading: The current mileage shown on the vehicle's odometer at the time of sale. 5. Date of Sale: The date on which the vehicle was sold. 6. Certification: Both the buyer and seller must sign and certify that the information provided is true and accurate to the best of their knowledge. It is important to note that this is a general guideline for the required information on the Alabama Odometer Statement, and additional information or requirements may apply depending on the specific circumstances and the forms provided by the Alabama Department of Revenue.
The penalty for the late filing of an Alabama odometer statement can vary depending on the specific circumstances and the discretion of the Alabama Department of Revenue (ADOR). However, under Alabama law, the penalty for late filing of the odometer statement can be up to $500 per violation.
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