Odometer Disclosure Statement Arkansas For Florida
Description
How to fill out Arkansas Bill Of Sale Of Automobile And Odometer Statement For As-Is Sale?
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FAQ
A motor vehicle with a model year of 2011 or newer is exempt after twenty (20) years and a motor vehicle with a model year of 2010 or older is exempt after ten (10) years. EXEMPT VEHICLES - A vehicle should not be automatically exempted if an odometer reading is available.
In Arkansas, the seller of a motor vehicle is required to file a federal odometer statement with the Arkansas Office of Motor Vehicle. The statement must be filed at the time of sale or transfer of ownership of a motor vehicle with a model year of 10 years old or newer.
Odometer Statement. Under federal guidelines, vehicles less than 20 years old must have a fully completed odometer disclosure statement signed by both the buyer and the seller.
(1) Every certificate of title issued by the department must contain the following statement on its reverse side: ?Federal and state law require the completion of the odometer statement set out below. Failure to complete or providing false information may result in fines, imprisonment, or both.?
Because odometer readings are relied upon so heavily, both Florida and federal law make tampering with odometers illegal. Disconnecting or turning back an odometer, and even owning a vehicle with a disconnected or nonfunctional odometer, are against the law.