This form is a bill of sale of an automobile. The seller(s) guarantees that the automobile is his/her/their property and is free of all claims and offsets of any kind. The bill of sale also states that the automobile is sold "as-is" without any warranties, express or implied. A separate Odometer Disclosure Statement is included with the bill of sale.
The Arkansas Federal Odometer Statement with VIN number is a legal document used to disclose the accurate mileage of a motor vehicle during its transfer of ownership in the state of Arkansas. This statement is crucial in preventing fraudulent activities related to odometer tampering and ensures transparency between buyers and sellers. The Arkansas Federal Odometer Statement with VIN number typically includes the following details: 1. Vehicle Identification Number (VIN): A unique 17-character alphanumeric code assigned to each motor vehicle, serving as its identification mark. 2. Mileage: The recorded mileage of the vehicle at the time of the transfer, indicating the total distance the vehicle has traveled. 3. Seller's Information: Name, address, and contact details of the individual or entity selling the vehicle. 4. Buyer's Information: Name, address, and contact details of the individual or entity purchasing the vehicle. 5. Date of Sale: The specific date on which the vehicle is being transferred from the seller to the buyer. 6. Disclosure Statement: A statement declaring that the seller is providing accurate information regarding the mileage of the vehicle and confirming that it has not been tampered with. It's worth mentioning that the Arkansas Federal Odometer Statement with VIN number is a specific type of odometer statement used in Arkansas. It helps align the state's regulations with the federal laws outlined by the National Traffic and Motor Vehicle Safety Act, which requires accurate mileage disclosure for vehicles involved in interstate commerce. There may not be multiple types of Arkansas Federal Odometer Statement with VIN number; however, different versions or formats may exist, such as paper forms or electronic templates provided by the Arkansas Department of Finance and Administration (DFA). It's essential for both the buyer and seller to use the authorized form approved by the DFA to ensure compliance and legal validity. Using keywords related to this topic can be helpful for search engine optimization. Some relevant keywords for this content may include: Arkansas Federal Odometer Statement, VIN number, Arkansas vehicle mileage disclosure, Odometer tampering prevention, Arkansas DFA approved odometer statement, Vehicle identification number, Mileage disclosure requirements, National Traffic and Motor Vehicle Safety Act compliance.
