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E STATEMENT AND ACKNOWLEDGMENT VEHICLE DESCRIPTION Vehicle Identification Number Year Make Color Body Title Number ODOMETER DISCLOSURE STATEMENT WARNING: Federal and State law requires that you state the mileage in connection with an application for a Certificate of Title. Failure to complete or providing a false statement may result in fines and/or imprisonment. WE STATE THAT THIS 5 or , 6 DIGIT ODOMETER NOWS READS .XX (NO TENTHS) MILES, DATE READ / / , AND WE H.

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If the seller knows this number to be inaccurate, he is also required to provide a written disclosure of this fact. If the vehicle is 10 years old or older, however, the seller can simply note that no disclosure is required or write “exempt” in the space for where the odometer disclosure is made.

Exempt from Odometer Disclosure. The vehicle falls within criteria that allow it to change ownership without disclosure of the odometer reading. Exempt. Exceeds Mechanical Limits. The odometer reading is less than the true mileage of the vehicle because the odometer cannot display the total number of true miles.

TAMPERING WITH ODOMETER; OFFENSE. (a) A person commits an offense if the person, with intent to defraud, disconnects or resets an odometer to reduce the number of miles indicated on the odometer. (3) both the confinement and fine. (2) a fine not to exceed $2,000.

and newer until the vehicles are 20 years old; 2010 model year and older are exempt. This can be accomplished on the title or with a separate odometer statement signed by the owner. Mileage should be stated with a verified reading and should not be an estimate or guess.

The federal Truth in Mileage Act (TIMA) requires motor vehicle sellers provide an odometer disclosure statement at the time of sale or transfer of ownership. This is one of the many forms a car buyer signs when buying a vehicle; it is the seller stating clearly how many miles are on the vehicle and the buyer agreeing.

Federal law and State law requires that you state the mileage upon transfer of ownership. Failure to complete or providing a false statement may result in fines and or imprisonment.

The odometer disclosure should contain: The complete vehicle description (make, year model, body type, and vehicle identification number). The date of sale. Reference to federal and state law with the following or similar wording:

Section 501.072 requires the transferor of a motor vehicle transferred in this state to provide to the transferee a disclosure of the vehicle's odometer reading at the time of the transfer in compliance with 49 U.S.C.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232