Arkansas Federal Odometer Statement With Signature

State:
Arkansas
Control #:
AR-00431B
Format:
Word; 
Rich Text
Instant download

Description

The Arkansas Federal Odometer Statement with Signature is a legal form required during the transfer of vehicle ownership to certify the mileage on the odometer. This form is essential for both sellers and buyers, ensuring compliance with federal and state laws regarding odometer disclosures. Key features include sections for the seller’s and buyer’s information, vehicle details such as make, model, and VIN, as well as a declaration of the odometer reading. Users must provide accurate information to avoid legal penalties and ensure the correctness of the transaction. The form must be signed by both the seller and buyer and notarized to validate the transfer. For attorneys, partners, owners, associates, paralegals, and legal assistants, the form is vital for facilitating vehicle sales and ensuring legal compliance. It can be used in various scenarios such as private sales, dealership transactions, and gift transfers of vehicles. Proper filing and retention of this document are crucial for maintaining records of vehicle ownership and preventing future disputes.
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  • Preview Bill of Sale of Automobile and Odometer Statement for As-Is Sale
  • Preview Bill of Sale of Automobile and Odometer Statement for As-Is Sale

How to fill out Arkansas Bill Of Sale Of Automobile And Odometer Statement For As-Is Sale?

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FAQ

Box one should be used if the vehicle's odometer has ?rolled over.? Years past this was common when most vehicles only had an odometer that went up to 100,000 miles, but nowadays it is very uncommon to use this box. Box two should be used if the odometer is inaccurate.

How to Fill in the Vehicle Bill of Sale Section 1. Vehicle Identification Number (VIN) Section 2. Buyer's Name. ... Section 3. Seller's Information. ... Section 4. In an Individual ? Dealer/Seller's Name, Address, City, State, and Zip. Section 5. Purchase Date. Section 6. Description of Vehicle including. Make. ... Section 7.

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.

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 ...

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Arkansas Federal Odometer Statement With Signature