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Odometer Disclosure Statement Federal law (and State law, if applicable) requires that you state the mileage upon transfer of ownership. Failure to complete or making a false statement may result

How to fill out odometer disclosure statement

How to fill out odometer disclosure statement

1. To fill out an odometer disclosure statement, follow these steps:
2. Obtain the odometer disclosure statement form, which can usually be obtained from a local DMV office or downloaded from their website.
3. Fill in the required information, including the vehicle's identification number, make, model, and year.
4. Enter the current mileage shown on the vehicle's odometer.
5. Check the appropriate box to indicate whether the mileage is actual, exceeds mechanical limits, or is not the actual mileage.
6. Provide your signature and the date.
7. If applicable, include the buyer's information and their signature as well.
8. Submit the completed form to the appropriate authority or entity, such as the DMV or the buyer.
9. It is important to accurately fill out the odometer disclosure statement to ensure legal compliance and avoid any potential issues or penalties.

Who needs odometer disclosure statement?

1. Anyone involved in a vehicle sale or transfer where the vehicle's mileage is recorded needs an odometer disclosure statement.
2. This typically includes private sellers, dealerships, and buyers.
3. The purpose of the odometer disclosure statement is to provide an accurate record of the vehicle's mileage at the time of sale or transfer.
4. This helps prevent fraud related to tampering with odometer readings and provides transparency for buyers.
5. State laws may vary, so it's important to check the specific requirements in your jurisdiction to determine who exactly needs to provide or receive an odometer disclosure statement.

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What is odometer disclosure statement?

An odometer disclosure statement is a legal document that provides information about the mileage shown on a vehicle's odometer at the time of sale. It is used to verify the accuracy of the odometer reading and to protect against odometer fraud.

Who is required to file odometer disclosure statement?

The seller of a vehicle is typically required to file an odometer disclosure statement. This includes individuals and dealerships that are transferring ownership of a vehicle.

How to fill out odometer disclosure statement?

To fill out an odometer disclosure statement, include the vehicle's current odometer reading, the date of the transfer, the names and addresses of both the buyer and seller, and the vehicle identification number (VIN). Both parties must sign the document.

What is the purpose of odometer disclosure statement?

The purpose of the odometer disclosure statement is to provide a written record of the vehicle's mileage at the time of transfer, helping to prevent odometer fraud and ensuring transparency in the vehicle's history.

What information must be reported on odometer disclosure statement?

The information that must be reported includes the vehicle's current odometer reading, the date of transfer, the names and addresses of the buyer and seller, the VIN, and any relevant disclosures regarding the actual mileage.