Utah Bill Of Sale With Odometer Disclosure
Description
How to fill out Utah Bill Of Sale For Automobile Or Vehicle Including Odometer Statement And Promissory Note?
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FAQ
In the majority of the countries, selling a car with mileage discrepancy is illegal. That is why most people tend to use mileage stopper tools instead of rollback devices as they are untraceable.
When a car is sold in this scenario, the mileage is marked on the title as exempt. This is simply stating that the car has been around too long to reliably verify its mileage.
Utah Bill of Sale Requirements While drafting a bill of sale is good standard practice for the purchase of many big-ticket items, they are required for the purchase of boats or motor vehicles in the state of Utah. You can use the form the state of Utah provides (Form TC-843), or you can draft your own.
The bill of sale should contain:name and address of the buyer;name, address and signature of the seller;complete vehicle description, including the Vehicle Identification Number (VIN);description of trade-in, if any;purchase price of the vehicle;trade-in allowance, if applicable; and.net purchase price.
Committing odometer fraud is a crime. The federal government passed a law that requires a written disclosure of the mileage registered on an odometer be provided on the title by the seller to the purchaser when the ownership of a vehicle is transferred.
