Massachusetts Odometer Statement With Multiple Conditions

• Category: Bills of Sale - Automobiles
• State: Massachusetts
• Control #: MA-00431
• Format: Word; Rich Text

Description

This Bill of Sale of Automobile contains the following information: the make/model of the car, VIN number and other information. Seller guarantees that the property is his/her own and is free of all claims and offsets of any kind. The form also contains the Odometer Disclosure Statement required by Federal Law and State Law, where applicable, which must be signed in the presence of a notary public.

Massachusetts Odometer Statement with Multiple Conditions: Detailed Description and Types In Massachusetts, an odometer statement with multiple conditions refers to a legal document that must be completed when transferring ownership of a motor vehicle. This statement is crucial in assuring the accuracy of the vehicle's mileage disclosure, protecting buyers from potential fraud, and complying with state and federal laws. It contains various conditions that need to be fulfilled to ensure a transparent and lawful transaction. Keywords: Massachusetts, odometer statement, multiple conditions, mileage disclosure, fraud, legal document, transferring ownership, motor vehicle, state laws, federal laws, transparent transaction. Types of Massachusetts Odometer Statement with Multiple Conditions: 1. Standard Odometer Statement: This type of statement includes the fundamental conditions required by the Massachusetts Department of Transportation (Mass DOT) and the National Highway Traffic Safety Administration (NHTSA). It primarily focuses on the disclosure of the vehicle's accurate mileage at the time of transfer, ensuring it is not tampered with or misrepresented. 2. Salvage Title Odometer Statement: When a salvage titled vehicle, which has been deemed a total loss by an insurance company, is being sold, an additional set of conditions apply. This specialized statement identifies the specific circumstances of the vehicle's prior damage and rebuild, including the declaration of a rebuilt title in Massachusetts. 3. Exempt Odometer Statement: Some vehicles, such as antique or very old cars, may be exempt from providing an accurate mileage disclosure due to the limitations of their odometer systems. In such cases, an exempt odometer statement is used, accompanied by additional conditions to verify the vehicle's age and its eligibility for exemption. 4. Non-Conforming Odometer Statement: If a vehicle's odometer is not in miles or the unit is not working properly, the seller must complete a non-conforming odometer statement. This statement discloses the exact condition of the odometer and explains why it does not comply with conventional mileage recording. 5. Electronic Odometer Statement: With the increasing prevalence of digital odometers, an electronic odometer statement is necessary to detail the accuracy and functionality of these advanced mileage tracking systems. This ensures that digital odometers are neither tampered with nor manipulated, guaranteeing the precision of the disclosed mileage. It is important to note that the Massachusetts odometer statement must be completed accurately and signed by both the seller and the purchaser, acknowledging the truthfulness of the provided information. Failing to complete this statement or providing false information can result in penalties, including fines and potential legal consequences. Remember to consult the official resources of Mass DOT or seek professional advice when preparing a Massachusetts odometer statement, as this content serves as a general description and should not be considered legal counsel.