Odometer Disclosure Statement Alabama Form 729

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

Description

The Odometer Disclosure Statement Alabama Form 729 is a legally required document that must be completed during the sale or transfer of a motor vehicle in Alabama. This form mandates sellers to disclose the current mileage on the vehicle's odometer to ensure transparency and prevent odometer fraud. Users must fill in specific details including the vehicle's make, model, body type, Vehicle Identification Number (VIN), year, and odometer reading. Sellers also have to affirm the accuracy of the mileage or indicate if it exceeds mechanical limits or is not the actual mileage, which helps to protect buyers from potential misrepresentation. After completion, both the seller and buyer must sign the document. For attorneys, paralegals, and legal assistants, this form is vital in ensuring compliance with federal and state laws regarding vehicle sales; it helps facilitate a smooth transaction while also serving as documentation for the transfer of ownership. Ensuring this form is correctly filled out and notarized is crucial for safeguarding against future disputes over the vehicle's history.
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FAQ

Describe the situation with the odometer, name the miles that are currently on the odometer; Fill the seller's section with the signature, printed name, address, and certification date; Leave the buyer's section empty for the buyer to fill.

This written disclosure must be signed by the transferor, including the printed name, and shall contain the following information: (1) The odometer reading at the time of the transfer (not to include tenths of miles); (2) The date of the transfer; (3) The transferor's name and current address; (3a) The transferee's ... NC General Statutes - Chapter 20 Article 15 ncleg.net ? Statutes ? PDF ? ByArticle ? Arti... ncleg.net ? Statutes ? PDF ? ByArticle ? Arti...

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. Title-Training-Web-Version-.pdf - Alabama Department of Revenue alabama.gov ? uploads ? 2022/02 alabama.gov ? uploads ? 2022/02

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. What does mileage exceeds mechanical limit mean?? - Reddit reddit.com ? MechanicAdvice ? comments reddit.com ? MechanicAdvice ? comments

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 Disclosure Statement Alabama Department of Revenue (.gov) ? 2021/10 Alabama Department of Revenue (.gov) ? 2021/10 PDF

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Odometer Disclosure Statement Alabama Form 729