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BILL OF SALE OF AUTOMOBILE To be completed upon sale of motor vehicle. State of Arkansas County of $ FOR AND IN CONSIDERATION OF Dollars ($) cash in hand, paid me this day in full by, (Buyer(s), “Seller(s)

How to fill out arkansas odometer disclosure statement

How to fill out arkansas odometer disclosure statement

1. To fill out the Arkansas Odometer Disclosure Statement, follow these steps:
2. Begin by obtaining the Arkansas Odometer Disclosure Statement form. This form can usually be found on the website of the Arkansas Department of Finance and Administration or obtained from a local DMV office.
3. Provide the required information about the vehicle. This includes the make, model, year, vehicle identification number (VIN), and current mileage on the odometer.
4. Indicate whether the mileage on the vehicle's odometer is the actual mileage, exceeds its mechanical limits, or is not the actual mileage. Check the appropriate box on the form.
5. If the mileage is not the actual mileage, provide an explanation as to why. This may include issues such as odometer tampering or a malfunctioning odometer.
6. Sign and date the form. If you are selling or transferring the vehicle, have the buyer or recipient also sign and date the form.
7. Make a copy of the completed form for your records.
8. Submit the original completed form to the Arkansas Department of Finance and Administration or your local DMV office, depending on their specific instructions.
9. It is important to fill out the Arkansas Odometer Disclosure Statement accurately and completely to ensure compliance with state requirements and to protect yourself from any potential legal issues.
10. Note: This is a general guide and you should refer to the specific instructions provided on the official Arkansas Department of Finance and Administration website or consult with a legal professional for any specific questions or concerns.

Who needs arkansas odometer disclosure statement?

1. Anyone who is selling or transferring ownership of a motor vehicle in Arkansas needs the Arkansas Odometer Disclosure Statement. This includes both individuals and dealerships who are involved in the sale or transfer.
2. The Arkansas Odometer Disclosure Statement is required by law to provide accurate mileage information about the vehicle and to protect buyers from odometer fraud.
3. It is important to note that failure to provide the required Odometer Disclosure Statement can result in legal consequences and may void the sale or transfer of the vehicle.
4. Therefore, both sellers and buyers should ensure that the Arkansas Odometer Disclosure Statement is properly completed and submitted as part of the transaction process.

What is arkansas odometer disclosure statement Form?

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Instructions for the arkansas odometer disclosure statement form

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What is arkansas odometer disclosure statement?

The Arkansas Odometer Disclosure Statement is a legal document that records the mileage on a vehicle at the time of transfer of ownership.

Who is required to file arkansas odometer disclosure statement?

Both sellers and buyers of motor vehicles are required to file the Arkansas Odometer Disclosure Statement during the transfer of ownership.

How to fill out arkansas odometer disclosure statement?

To fill out the Arkansas Odometer Disclosure Statement, enter the vehicle identification number (VIN), current odometer reading, date of transfer, and signatures of both the buyer and seller.

What is the purpose of arkansas odometer disclosure statement?

The purpose of the Arkansas Odometer Disclosure Statement is to prevent odometer fraud by ensuring accurate reporting of a vehicle's mileage during a sale.

What information must be reported on arkansas odometer disclosure statement?

The statement must report the vehicle's VIN, odometer reading at the time of sale, date of sale, and the names and signatures of both the buyer and seller.