Odometer Disclosure Statement Ma For Texas

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

Description

The Odometer Disclosure Statement MA for Texas is a crucial legal form used during the transfer of vehicle ownership to comply with federal and state laws regarding odometer readings. This document requires the seller to disclose the current mileage of the vehicle and certify its accuracy, ensuring transparency in vehicle sales. Legal professionals, including attorneys, partners, owners, associates, paralegals, and legal assistants, benefit from understanding this form, as it assists in preventing fraudulent practices related to odometer tampering. The statement must clearly indicate if the odometer reading exceeds mechanical limits or is inaccurate, allowing the buyer to be informed of any discrepancies. Completion of this form is necessary when applying for a certificate of title, reinforcing its importance in legal vehicle transactions. The form includes sections for both the transferor and transferee to provide necessary personal information, enhancing record-keeping for future reference. Users should sign the document in front of a notary public to validate it legally. By using this form correctly, users can mitigate legal risks associated with vehicle sales and ensure compliance with applicable laws.
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  • Preview Bill of Sale of Automobile and Odometer Statement
  • Preview Bill of Sale of Automobile and Odometer Statement

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

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Bill of Sale

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FAQ

Exempt from Odometer Disclosure. The vehicle falls within criteria that allow it to change ownership without disclosure of the odometer reading. Exempt. Exceeds Mechanical Limits. The odometer reading is less than the true mileage of the vehicle because the odometer cannot display the total number of true miles.

Section 501.072 requires the transferor of a motor vehicle transferred in this state to provide to the transferee a disclosure of the vehicle's odometer reading at the time of the transfer in compliance with 49 U.S.C.

For large-scale investigations, the National Highway Traffic Safety Administration (NHTSA) Office of Odometer Fraud Investigation can provide assistance. You may help an investigation by reporting a suspicious VIN to the NHTSA Office of Odometer Fraud Investigation at (202) 366-4761.

ODOMETER DISCLOSURE STATEMENT VTR-40 Rev. 11/09 DHT 142235 Federal and State Law require that you state the mileage in connection with the transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment.

Section 501.072 requires the transferor of a motor vehicle transferred in this state to provide to the transferee a disclosure of the vehicle's odometer reading at the time of the transfer in compliance with 49 U.S.C.

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Odometer Disclosure Statement Ma For Texas