Maryland Odometer Statement For Florida

State:
Maryland
Control #:
MD-00431
Format:
Word; 
Rich Text
Instant download

Description

The Maryland Odometer Statement for Florida is a critical document used during the sale of a motor vehicle to ensure accurate reporting of the vehicle's mileage. This form includes sections for both the seller and buyer to document the vehicle's make, model, and VIN, alongside the odometer reading at the time of transfer. Users must provide their names, addresses, and signatures, and the form requires notarization to validate the transaction legally. It is particularly important for ensuring compliance with federal and state laws against odometer fraud. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this document essential in facilitating smooth vehicle transfers while protecting all parties involved from legal repercussions. The form highlights the buyer's rights and the seller's guarantees regarding the vehicle's conditions and encumbrances. Properly filling out this form helps prevent disputes over vehicle mileage and ownership, serving as a crucial safeguard in the transfer process.
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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 Maryland Bill Of Sale Of Automobile And Odometer Statement?

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FAQ

(1) Every certificate of title issued by the department must contain the following statement on its reverse side: ?Federal and state law require the completion of the odometer statement set out below. Failure to complete or providing false information may result in fines, imprisonment, or both.?

A motor vehicle with a model year of 2011 or newer is exempt after twenty (20) years and a motor vehicle with a model year of 2010 or older is exempt after ten (10) years. EXEMPT VEHICLES - A vehicle should not be automatically exempted if an odometer reading is available.

An odometer disclosure statement is a legal document that states the accurate mileage on a vehicle's odometer at the time of transfer from the seller to the buyer. If the seller knows that the car's mileage is incorrect, the document must contain that information.

Because odometer readings are relied upon so heavily, both Florida and federal law make tampering with odometers illegal. Disconnecting or turning back an odometer, and even owning a vehicle with a disconnected or nonfunctional odometer, are against the law.

WARNING: Federal and State law requires that you state the mileage in connection with an application for a Certificate of Title. Failure to complete or providing a false statement may result in fines and/or imprisonment. .

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Maryland Odometer Statement For Florida