Arkansas Federal Odometer Statement With Text
Description
How to fill out Arkansas Bill Of Sale Of Automobile And Odometer Statement For As-Is Sale?
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FAQ
The process to get a federal odometer statement in Arkansas involves filling out the state-specific forms accurately and submitting them to the local Department of Finance and Administration. Make sure your current mileage is correctly recorded, along with essential vehicle details. Using US Legal Forms can simplify this process by providing the correct forms and instructions to ensure compliance. This will help you secure your Arkansas federal odometer statement with text without hassle.
Odometer Fraud Laws If the odometer mileage is incorrect, the law requires a statement to that effect to be furnished on the title to the buyer. However, a vehicle is exempt from the written disclosure requirements if it's 20 years old or older, or a model year 2010 vehicle or older.
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.
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.
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.