Odometer Disclosure Statement Alabama Withholding

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

Description

The Odometer Disclosure Statement for Alabama is a critical document used during the transfer of motor vehicle ownership. It requires the seller (transferor) to disclose the current odometer reading, certifying its accuracy. This form is crucial to prevent odometer fraud, ensuring that the mileage reported aligns with the vehicle's actual use. Users must check specific boxes if the odometer reading exceeds mechanical limits or is inaccurate, thus acknowledging any discrepancies. Filling out the form requires clear, printable information including details of both the seller and buyer, alongside vehicle specifics such as make, model, and VIN. This document must be notarized, adding an additional layer of verification. Particularly relevant for attorneys, paralegals, and legal assistants, this form serves as a protective measure for clients against potential legal issues related to vehicle sales. It is also helpful for partners and owners to ensure compliance with federal and state laws governing vehicle transactions.
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  • Preview Bill of Sale of Automobile and Odometer Statement
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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

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 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.

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 ...

The titled owner(s) or recorded lienholder can apply for a replacement title online by using the Public Title Portal. Once the title application is complete, it can be electronically uploaded and submitted for payment. The application fee is $15.00 and is non-refundable.

All states are required to provide an odometer disclosure section/space on complying titles or complying forms. The odometer disclosure should contain: The complete vehicle description (make, year model, body type, and vehicle identification number). The date of sale.

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Odometer Disclosure Statement Alabama Withholding