Odometer Disclosure Statement Alabama With Lien Release

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

Description

The Odometer Disclosure Statement Alabama with Lien Release is a vital legal form used during the transfer of ownership of a motor vehicle in Alabama. It requires the seller (transferor) to disclose the vehicle's current odometer reading and certify its accuracy, ensuring compliance with federal and state laws. Key features include sections for the vehicle's make, model, VIN, and odometer reading, as well as options to indicate if the mileage exceeds mechanical limits or if there is a discrepancy. Filling out the form accurately is essential to avoid potential fines or legal repercussions. This form serves critical use cases for legal professionals, including attorneys, paralegals, and legal assistants, who often assist clients with vehicle transactions and need to ensure compliance with odometer disclosure regulations. The lien release portion helps owners clarify ownership status, removing any encumbrances associated with the vehicle. Overall, this form streamlines the legal process of vehicle sales, protecting the rights of both buyers and sellers.
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How to fill out Alabama Bill Of Sale Of Automobile And Odometer Statement?

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Bill of Sale

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FAQ

Both parties must fill out the transfer of ownership on the title and fill out the Application for Replacement Title. Bring the Application and the original title to the County Office where the new owner resides along with: Proof of Alabama auto insurance. Driver's license of the new owner.

The provisions of this disclosure statement shall not apply to a vehicle that is Exempt from mileage disclosure - this includes: (a) A vehicle that is 10 model years old or older. (b) A vehicle that has a Gross Vehicle Weight Rating (GVWR) of more than 16,000 lbs.

A used vehicle marked ?exempt? it means that the vehicle is 10 years or older and its mileage isn't reliable. For all of these reasons, most states, have passed laws to coincide with the Federal Odometer Act. The law exempts cars 10 years or older from the requirement of having mileage reported at the time of sale.

Remove a Lien from Your AL Title Complete a lien release online. Gather your current vehicle title. ... Submit the above to the Motor Vehicle Division by mail at the address listed on the lien release application, or in person at your local office.

How to Sign Your Alabama Title Transfer - YouTube YouTube Start of suggested clip End of suggested clip So be sure to look here. Then you're gonna flip your title over at the very top of the title. It'sMoreSo be sure to look here. Then you're gonna flip your title over at the very top of the title. It's gonna say fire. Right there you're right advanced from bar being services.

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Odometer Disclosure Statement Alabama With Lien Release