Odometer Disclosure Statement Ma Formula
Description
How to fill out Massachusetts Bill Of Sale Of Automobile And Odometer Statement?
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FAQ
E=Exceeds mechanical limits (the odometer has reached the highest numbers mechanically available and has started renumbering at ?1,? in other words it has ?rolled over?). N=Not actual mileage (the odometer is broken, has been replaced, or the current owner is unsure of the true mileage).
I you have a odometer that only has 5 places for numbers the highest mileage it can record is 99,999. SO when it goes past 99,999 it goes back to 00,000 at that point it has surpassed it's mechanical ability to record accurate mileage.
Federal and State law requires that you state the mileage upon transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment.
Odometer Disclosure Statement. Information. Step 1 ? Vehicle Information. Step 2 ? Buyer Information. Step 3 ? Seller Information. Step 4 ? Odometer Information. ? WARNING ? ODOMETER DISCREPANCY ? I hereby certify that the odometer reading is NOT the. Step 5 ? Statement of Buyer.
The odometer disclosure should contain: The complete vehicle description (make, year model, body type, and vehicle identification number). The date of sale. Reference to federal and state law with the following or similar wording: