Odometer Disclosure Statement Ma Withdraw

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

Description

The Odometer Disclosure Statement MA withdraw is a crucial form required when transferring ownership of a motor vehicle in Massachusetts. This document ensures compliance with federal and state laws, mandating the disclosure of the vehicle's mileage at the time of sale. It contains sections for the seller to certify the accuracy of the odometer reading, along with options to indicate if the mileage exceeds mechanical limits or is not actual mileage. To fill out the form, sellers must provide their name, the vehicle's details such as make, model, and VIN, and sign the statement in front of a notary public. Legal professionals, such as attorneys, partners, and paralegals, can utilize this form to facilitate smooth transactions and ensure proper legal compliance, thereby protecting clients from potential fines or legal issues arising from inaccurate disclosures. By correctly completing the Odometer Disclosure Statement, users can also provide reassurance to buyers regarding the vehicle's condition and history. This form ultimately serves as a vital tool in the automotive sale process, aiding both sellers and buyers in understanding their rights and obligations.
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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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FAQ

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.

Odometer disclosure is mandatory on vehicles less than 10 model years old.

Odometer Fraud Laws If the odometer mileage is incorrect, the law requires a statement to that effect to be furnished on the title to the buyer. However, a vehicle is exempt from the written disclosure requirements if it's 20 years old or older, or a model year 2010 vehicle or older.

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 ...

Box one should be used if the vehicle's odometer has ?rolled over.? Years past this was common when most vehicles only had an odometer that went up to 100,000 miles, but nowadays it is very uncommon to use this box. Box two should be used if the odometer is inaccurate.

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Odometer Disclosure Statement Ma Withdraw