Spanish Power Of Attorney With Odometer Disclosure
Description
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FAQ
An odometer disclosure statement declares the mileage on your vehicle. They are required when buying a new car or selling a used one. You'll typically need to fill out an odometer disclosure statement to declare mileage on any vehicle that's less than 10 years old.
Form REG 262, Vehicle/Vessel Transfer and Reassignment, is used as an odometer disclosure, a bill of sale, and a power of attorney when selling or transferring a vehicle or vessel.
A Texas Odometer Disclosure Statement should be filled out in the following way:State the seller's name and that the seller certifies that the information listed in this statement is true and accurate.Select the appropriate box to make it clear whether the mileage amount listed is one of the following:More items...
A vehicle's odometer reading is one of the key factors in determining what that vehicle is worth, as it indicates the number of miles a vehicle has traveled. A vehicle with high mileage is worth less than a vehicle with low mileage.
Effective January 1, 2021, the new 20-year exemption for odometer disclosure applies to 2011 and newer model-year vehicles. This means a 2011 model year vehicle will not become exempt from odometer disclosure until the vehicle is 20 years old, which will be January 1, 2031.
