Arkansas Federal Odometer Statement Withdrawal

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

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.


Arkansas Federal Odometer Statement Withdrawal: A Comprehensive Overview In Arkansas, the federal odometer statement withdrawal refers to a legal process that allows individuals or entities to withdraw or cancel a previously filed odometer statement. This withdrawal is applicable when incorrect information has been provided, or if the original statement contains any errors or inaccuracies regarding the mileage of a vehicle. The federal odometer statement withdrawal is a crucial step in rectifying any mistakes related to the odometer reading disclosed during the sale or transfer of a vehicle. It ensures that the vehicle's actual mileage is accurately represented, safeguarding both the buyer and seller from potential legal repercussions. The Arkansas federal odometer statement withdrawal can be initiated by the vehicle owner, seller, or any other party who may have filed the original statement. It is essential to take prompt action in case of any discrepancies to prevent any future disputes or complications. Keywords: Arkansas, federal odometer statement, withdrawal, legal process, cancel, incorrect information, errors, inaccuracies, mileage, vehicle, sale, transfer, actual mileage, accurate representation, buyer, seller, legal repercussions, initiate, discrepancies, disputes, complications. Types of Arkansas Federal Odometer Statement Withdrawal: 1. Correction Withdrawal: This type of withdrawal is utilized when minor errors or mistakes are identified in the original odometer statement. It allows the individual or entity to correct and withdraw the faulty information promptly. 2. Inaccurate Reading Withdrawal: This withdrawal applies when the original statement contains a significantly incorrect mileage reading due to an unintentional error. The withdrawal rectifies the information to accurately reflect the actual mileage of the vehicle. 3. Fraudulent Odometer Reading Withdrawal: In cases where an intentional, misleading, or fraudulent mileage reading has been provided in the original statement, this withdrawal is appropriate. It aims to correct the falsified information and prevent any unlawful activities associated with tampering odometer readings. 4. Duplicate Statement Withdrawal: If a duplicate odometer statement has been filed due to administrative errors or any technical glitches, this withdrawal is necessary. It ensures that only the accurate and single statement exists, avoiding any confusion or discrepancies regarding the vehicle's mileage. 5. Vehicle Ownership Change Withdrawal: This type of withdrawal applies in situations where the ownership of a vehicle transferred shortly after the initial odometer statement. The withdrawal is necessary to account for the change in ownership and update the odometer reading under the new owner's name. Keywords: correction withdrawal, inaccurate reading withdrawal, fraudulent odometer reading withdrawal, duplicate statement withdrawal, vehicle ownership change withdrawal.

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

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Obtain the federal odometer statement form specific to Arkansas. This form can be found on the website of the Arkansas Department of Finance and Administration or through your local DMV office. Fill out the form with accurate information.

Odometer Fraud Laws If the odometer mileage is incorrect, the law requires a statement to that effect to be furnished on the title to the buyer. However, a vehicle is exempt from the written disclosure requirements if it's 20 years old or older, or a model year 2010 vehicle or older.

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 ...

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.

Disclosure of Odometer Information for Leased Motor Vehicles. (a) Before executing any transfer of ownership document, each lessor of a leased motor vehicle shall notify the lessee in writing that the lessee is required to provide a written disclosure to the lessor regarding the mileage.

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Find here the Arkansas Odometer Disclosure Statement details for 2023, forms, details, and legal requirements. The form conveniently includes an odometer disclosure statement, which is usually separate.Edit, sign, and share federal odometer statement arkansas online. No need to install software, just go to DocHub, and sign up instantly and for free. Follow the instructions below to complete Arkansas odometer disclosure statement online easily and quickly: Log in to your account. Federal Odometer Disclosure: Do not include tenths on odometer readings. Tax Revenue Bonds. 27-64-507.

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Arkansas Federal Odometer Statement Withdrawal