Ga Disclosure Statement With Pld
Description
How to fill out Georgia Residential Real Estate Sales Disclosure Statement?
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FAQ
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.
If the title reflects incorrect odometer due to error only on the title application, submit: Completed and signed MV-1 Title/Tag Application. Completed and signed Form T-107A Application Odometer Discrepancy Affidavit. Issued valid title. $18 title fee.
Exempt odometer status (when odometer declaration is not required by law) Exceeds mechanical limits ? When an odometer declaration is made indicating that the vehicle's odometer has rolled over 99,999 miles on a five digit odometer or 999,999 miles on a six-digit odometer.
Reference to federal and state law with the following or similar wording: Federal and state law requires that you state the mileage upon transfer of ownership; failure to complete or providing a false statement may result in fines and/or imprisonment.
Corrections to Titles Lightly line through the incorrect information leaving it where it can still be read. Enter the correct information legibly above the ?lined through? information. Complete Form T-11 Affidavit of Correction explaining the reason for the correction.