Massachusetts Odometer Statement: A Comprehensive Guide In Massachusetts, an odometer statement is a critical document that provides an accurate record of a vehicle's mileage. It is used during the process of buying or selling a vehicle to ensure transparency and prevent odometer fraud. This detailed description will shed light on what a Massachusetts odometer statement entails and its different types. The Massachusetts odometer statement includes specific information and must follow certain regulations to be considered valid. It typically includes the following key details: 1. Vehicle Information: The statement should contain the vehicle's make, model, year, identification number (VIN), and license plate number. This information ensures that the statement pertains to the correct vehicle. 2. Odometer Reading: The primary purpose of the statement is to record the vehicle's accurate mileage. The current odometer reading should be clearly stated, along with the unit of measurement (usually in miles). 3. Seller and Buyer Information: Both the seller and buyer must provide their full legal names, addresses, contact numbers, and signatures. This information helps establish the authenticity of the transaction and facilitates future correspondence if required. 4. Certification and Disclosure: The statement includes a section where the seller certifies the accuracy of the odometer reading. The seller must also disclose any known issues with the odometer or state if the mileage is not the actual mileage due to tampering, replacement, or discrepancy. 5. Date of Transfer: The date when the vehicle is officially transferred from the seller to the buyer should be clearly stated. This ensures a proper timeline for legal purposes. Types of Massachusetts Odometer Statements: 1. Massachusetts Odometer Disclosure Statement: This is the standard type of odometer statement used for most vehicle sales. It includes all the essential details mentioned above. 2. Massachusetts Odometer Exemption Statement: This type of statement is used for vehicles exempt from Federal Odometer Disclosure requirements. Typically, it applies to vehicles older than ten years or vehicles with a gross vehicle weight rating (OVER) of more than 16,000 pounds. It is crucial to note that as of May 2019, Massachusetts has implemented stringent Electronic Vehicle Registration (EVER) requirements. This means that most odometer statements are now filed electronically in the Massachusetts Title Manual System (TMS). However, it is vital to consult the Massachusetts Registry of Motor Vehicles (REV) for the most up-to-date information and to ensure compliance with the current regulations. To conclude, the Massachusetts odometer statement is a crucial legal document used in vehicle transactions. It accurately records the mileage, protects against fraud, and ensures transparency between the buyer and seller. By familiarizing yourself with the requirements and different types of odometer statements, you can confidently navigate the process of buying or selling a vehicle in Massachusetts.
Massachusetts Odometer Statement With Text
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How to fill out Massachusetts Bill Of Sale Of Automobile And Odometer Statement?
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Describe the situation with the odometer, name the miles that are currently on the odometer; Fill the seller's section with the signature, printed name, address, and certification date; Leave the buyer's section empty for the buyer to fill.
An odometer disclosure statement is a legal document that states the accurate mileage on a vehicle's odometer at the time of transfer from the seller to the buyer. If the seller knows that the car's mileage is incorrect, the document must contain that information.
Seller's Signature Seller's Name (Print Name in Full) Mailing Address (Include Street Number and Name, Rural Delivery, Box, Apt. No.) Enter odometer reading exactly as it appears on the vehicle's odometer (excluding tenths) and check applicable boxes.
Odometer disclosure is mandatory on vehicles less than 10 model years old.
This written disclosure must be signed by the transferor, including the printed name, and shall contain the following information: (1) The odometer reading at the time of the transfer (not to include tenths of miles); (2) The date of the transfer; (3) The transferor's name and current address; (3a) The transferee's ...