The Odometer Disclosure Statement (ODS) in Massachusetts is an essential legal document that provides crucial information regarding the mileage of a vehicle at various stages in its history. This statement is utilized during the transfer of motor vehicles to protect buyers from potential odometer fraud or misrepresentation. It serves as proof of the accurate mileage disclosure and is required for most vehicles, excluding those exempted by law. In Massachusetts, there are two types of Odometer Disclosure Statement MA without title: 1. Simple Odometer Disclosure Statement: This type of statement is used when a vehicle is sold without transferring the title. It includes detailed information about the vehicle, such as the make, model, year, vehicle identification number (VIN), and current odometer reading. The seller must sign and date the statement, declaring the mileage as accurate to the best of their knowledge. 2. Odometer Disclosure Statement (MA IFTA): This type of statement is specifically used for International Fuel Tax Agreement (IFTA) vehicles. It contains the same information as the simple odometer disclosure statement but also includes the additional IFTA-related information. This statement is primarily used for commercial vehicles engaged in interstate travel to calculate and distribute fuel taxes equitably among the member jurisdictions. Both types of Odometer Disclosure Statements are crucial for maintaining transparency and protecting consumers in vehicle transactions. It is essential for sellers to accurately disclose the mileage to prevent potential fraud or misrepresentation and to comply with Massachusetts state law. Additionally, buyers should always scrutinize the Odometer Disclosure Statement to ensure the vehicle's mileage aligns with its overall condition and history.
Odometer Disclosure Statement Ma Without Title
Description
How to fill out Massachusetts Bill Of Sale Of Automobile And Odometer Statement?
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FAQ
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 ...
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.
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.
Odometer disclosure is mandatory on vehicles less than 10 model years old.
Exempt (Virginia) (O) - The following vehicles are exempt from odometer disclosure in Virginia: Non-Passenger vehicles with a gross vehicle weight rating (GVWR) of more than 16,000 pounds (vehicles designed to carry cargo)