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Get Dmv-tm-1odometerdisclosurestatement
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How to fill out the DMV-TM-1 Odometer Disclosure Statement online
Filling out the DMV-TM-1 Odometer Disclosure Statement is an essential step in the vehicle sales process. This document certifies the odometer reading of a vehicle at the time of sale, ensuring transparency for both the seller and buyer.
Follow the steps to successfully complete the form.
- Press the 'Get Form' button to access the DMV-TM-1 Odometer Disclosure Statement and open it in your preferred editor.
- Begin by entering the vehicle identification number (VIN) in the designated field. Ensure the VIN is accurate, as it uniquely identifies the vehicle.
- Next, fill in the make, model, and year of the vehicle. This information helps in verifying the vehicle and is crucial for the disclosure.
- Provide the odometer reading as of the date of sale in the specified field. Double-check the reading to prevent any discrepancies.
- Identify the seller's name and address in the appropriate sections. This information is necessary for both parties to acknowledge the sale.
- Enter the buyer's name and address in the corresponding fields. Accurate data is vital for the transfer of ownership.
- Ensure both the seller and buyer sign and date the document. This signature confirms that both parties agree to the odometer reading stated.
- After completing all sections, review the form for accuracy. Make any necessary adjustments.
- Finally, save your changes, then download, print, or share the form as per your requirements.
Complete your DMV-TM-1 Odometer Disclosure Statement online today for a smooth vehicle sale process.
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Let's say, for example, you purchase a car from someone that states the speedometer stopped working when the odometer read 80,000 miles. He or she then replaced the broken speedometer with a new speedometer that had an odometer reading of 40,000 miles. This would be an odometer discrepancy.
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