Alabama Odometer Statement With Date

State:
Alabama
Control #:
AL-00431
Format:
Word; 
Rich Text
Instant download

Description

The Alabama Odometer Statement with Date is a critical legal document used during the transfer of ownership for motor vehicles in Alabama. This form requires the seller to disclose the current odometer reading, which is essential for confirming the vehicle's mileage at the time of sale. Users must complete sections detailing the vehicle’s make, model, body type, and VIN, ensuring the accuracy of the information provided. Additionally, the seller must indicate if the mileage reported is actual or if there are discrepancies, complying with both federal and state regulations. The form should be signed by both the seller and the buyer, and the seller's signature must be notarized to validate the document. For attorneys, partners, owners, associates, paralegals, and legal assistants, this form is vital in preventing future disputes regarding vehicle mileage and ownership. It acts as a protective measure for parties involved in a transaction, ensuring all necessary disclosures are made to comply with legal requirements. Completing the document accurately facilitates a smoother title transfer process and aids in maintaining compliance with motor vehicle regulations.
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  • Preview 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.

The date the odometer is certified. The vehicle's year, make, model number. The Vehicle Identification Number (VIN) The accurate mileage at the time of the date of odometer certification.

1. A vehicle that is less than 10 model years old, without any odometer discrepancy, will reflect Actual Mileage. 2. A vehicle that is 10 model years or older, will reflect Exempt from Disclosure.

I you have a odometer that only has 5 places for numbers the highest mileage it can record is 99,999. SO when it goes past 99,999 it goes back to 00,000 at that point it has surpassed it's mechanical ability to record accurate mileage.

Actual (A) - The exact distance the vehicle has traveled (accrued mileage) as displayed on the odometer, whether in miles or kilometers. Not Actual (N) - The exact distance the vehicle has traveled is unknown. The reading that displays on the odometer does not reflect the actual mileage and should not be relied on.

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Alabama Odometer Statement With Date