Alabama Odometer Statement For Indiana
Description
How to fill out Alabama Bill Of Sale Of Automobile And Odometer Statement?
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FAQ
The Federal Truth in Mileage Act of 1986, requires that you (the transferor) state the mileage in connection with the transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment.
Odometer not certified legend would commonly be reflected on a title when the transaction did not involve a transfer, and therefore, the mileage is not required to be certified. For example, someone moving to Alabama from another state and completing an application for title and registration.
In ance with federal and state law, the seller of a motor vehicle must disclose the current mileage to a purchaser in writing upon transfer of ownership. The disclosure must be signed by the seller, including the printed name.
The exempt mileage title is used when the mileage displayed on a vehicle's odometer cannot be verified as accurate due to exceeding the odometer's mechanical limits or being tampered with. It is issued by the DMV to protect potential buyers from paying more for a vehicle than it is actually worth.
Sec. 6. (a) An application for a certificate of title for a vehicle must contain the odometer reading of the vehicle in miles or kilometers as of the date of sale or transfer of the vehicle to the applicant.