Arkansas Federal Odometer Statement With Address

State:
Arkansas
Control #:
AR-00431B
Format:
Word; 
Rich Text
Instant download

Description

The Arkansas federal odometer statement with address is a critical document used during the transfer of ownership of a motor vehicle. It requires the seller to declare the vehicle's current odometer reading and confirm whether it reflects the actual mileage. The form serves to protect both buyers and sellers by ensuring transparency about the vehicle's condition and mileage status. Key features of the form include sections to specify the vehicle’s make, model, VIN, and a warning regarding odometer discrepancies. Users must fill in their names, addresses, and the date of the transaction, ensuring that all required information is provided. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to facilitate vehicle sales, ensuring compliance with federal regulations and safeguarding clients against potential legal issues. Moreover, the document must be notarized, and the original must accompany any application for a vehicle title transfer, emphasizing the need for accuracy and legality in vehicle transactions.
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  • Preview Bill of Sale of Automobile and Odometer Statement for As-Is Sale
  • Preview Bill of Sale of Automobile and Odometer Statement for As-Is Sale

How to fill out Arkansas Bill Of Sale Of Automobile And Odometer Statement For As-Is Sale?

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FAQ

How to Fill in the Vehicle Bill of Sale Section 1. Vehicle Identification Number (VIN) Section 2. Buyer's Name. ... Section 3. Seller's Information. ... Section 4. In an Individual ? Dealer/Seller's Name, Address, City, State, and Zip. Section 5. Purchase Date. Section 6. Description of Vehicle including. Make. ... Section 7.

Box one should be used if the vehicle's odometer has ?rolled over.? Years past this was common when most vehicles only had an odometer that went up to 100,000 miles, but nowadays it is very uncommon to use this box. Box two should be used if the odometer is inaccurate.

Odometer Statement. Under federal guidelines, vehicles less than 20 years old must have a fully completed odometer disclosure statement signed by both the buyer and the seller.

This written disclosure must be signed by the transferor, including the printed name, and shall contain the following information: (1) The odometer reading at the time of the transfer (not to include tenths of miles); (2) The date of the transfer; (3) The transferor's name and current address; (3a) The transferee's ...

In Arkansas, the seller of a motor vehicle is required to file a federal odometer statement with the Arkansas Office of Motor Vehicle. The statement must be filed at the time of sale or transfer of ownership of a motor vehicle with a model year of 10 years old or newer.

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Arkansas Federal Odometer Statement With Address