Odometer Disclosure Statement Example

State:
Massachusetts
Control #:
MA-00431
Format:
Word; 
Rich Text
Instant download

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.

An odometer disclosure statement is a legal document that accompanies the sale or transfer of a motor vehicle and provides information about the vehicle's mileage. It serves as a way to protect buyers from odometer fraud and ensures transparency in the transaction process. This statement is typically required by law in many countries, including the United States. The primary purpose of an odometer disclosure statement is to disclose accurate and true mileage information to potential buyers, allowing them to make an informed decision based on the vehicle's true condition. This statement must be completed by the seller and may require signature verification to ensure its authenticity. An example of an odometer disclosure statement typically includes the following information: 1. Vehicle Identification Number (VIN): This unique identifier helps ensure that the statement corresponds to the specific vehicle being sold or transferred. 2. Mileage Reading: The current mileage indicated on the vehicle's odometer at the time of the sale or transfer is recorded. It is crucial for this figure to accurately reflect the actual mileage. 3. Date of Disclosure: The date on which the disclosure statement is prepared or completed. 4. Seller Information: The contact details and signature of the seller, affirming that the provided mileage is accurate and that there is no knowledge of any discrepancy or tampering with the odometer. 5. Buyer Information: The buyer's contact information for verification purposes. Sometimes, both parties may need to sign to acknowledge the disclosure. Different types of odometer disclosure statements may be required depending on the nature of the transaction or the state/province regulations. Some examples include: 1. Federal Odometer Disclosure Statement: This is a standardized form required by the federal government in the United States for all motor vehicle sales. It provides a detailed declaration of mileage and any known discrepancies. 2. State-Specific Odometer Disclosure Statement: Many U.S. states have their own specific forms, which may require additional information or disclosures beyond the federal requirements. These forms are tailored to the individual state laws and regulations. 3. As-Is Odometer Disclosure Statement: In some cases, if a vehicle is sold "as-is," the disclosure statement must explicitly state that no warranty on the odometer or mileage is provided, and any repairs or adjustments made to the odometer are disclosed. It is important to consult the specific laws of your jurisdiction and follow the guidelines provided by the relevant authorities when preparing an odometer disclosure statement. Always ensure accuracy, completeness, and compliance with local regulations to protect both the buyer and the seller in any vehicle transaction.

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How to fill out Massachusetts Bill Of Sale Of Automobile And Odometer Statement?

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Bill of Sale

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NV (Nevada) NH (New Hampshire) NJ (New Jersey) NM (New Mexico)

Nevada has a population of 3 million people (est. 2019). The capital is Carson City; the largest city is Las Vegas, the largest metropolitan area is Las Vegas-Paradise, NV MSA. Other major cities are Reno, Henderson, North Las Vegas, and Sparks.

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NevadaCountryUnited StatesBefore statehoodNevada Territory, Utah Territory, Arizona TerritoryAdmitted to the UnionOctober 31, 1864 (36th)CapitalCarson City51 more rows

Nevada's name comes from the Spanish word nieve, which roughly means ?snow-capped.? The state's name refers to the Sierra Nevada mountain range. It's nicknamed the Silver State in honor of a major silver deposit that attracted settlers and strengthened the area's economy.

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In accordance with federal and state law, the seller of a motor vehicle must disclose the current mileage to a purchaser in. This odometer disclosure statement is only a supplement to a fully assigned Certificate of Title or Manufacturer Certificate of Origin. (MCO).EXAMPLE. Enter current mileage of the vehicle. WARNING - Odometer Discrepancy form must be completed, or titling transaction will be delayed. Federal and state laws require that you state the mileage in a transfer of ownership. Federal and state laws require that you state the mileage in a transfer of ownership. Provide the odometer reading as it appears and indicate that it has "rolled over. Federal and State law require that you furnish to the transferee a written odometer disclosure statement upon transfer of ownership. If the Missouri title was issued after August 28, 1989, the odometer disclosure is required to be completed on the back of the title rather than on a separate. Gov for more information.

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Odometer Disclosure Statement Example