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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.
Exempt from Odometer Disclosure. The vehicle falls within criteria that allow it to change ownership without disclosure of the odometer reading. Exempt. Exceeds Mechanical Limits. The odometer reading is less than the true mileage of the vehicle because the odometer cannot display the total number of true miles.
Before you start filling out the Odometer Disclosure Statement, you'll need to make sure you have the correct form. In Texas, the form you need is called the ?Texas Motor Vehicle Transfer Notification? (Form VTR-346).
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.
Section 501.072 requires the transferor of a motor vehicle transferred in this state to provide to the transferee a disclosure of the vehicle's odometer reading at the time of the transfer in compliance with 49 U.S.C.