Maryland Odometer Statement For Florida

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

This Bill of Sale of Automobile contains the following information: the make/model of the car, VIN number and other information. Seller guarantees that the property is his/her own and is free of all claims and offsets of any kind. The form also contains the Odometer Disclosure Statement required by Federal Law and State Law, where applicable, which must be signed in the presence of a notary public.

Title: Understanding the Maryland Odometer Statement for Florida Vehicles: Types and Requirements Introduction: The Maryland odometer statement for Florida vehicles is an essential document used during the transfer or sale of a motor vehicle. This comprehensive guide aims to explain the purpose and types of Maryland odometer statements required for Florida residents, shedding light on the legal requirements and relevant keywords associated with them. 1. Maryland Odometer Statement for Florida: The Maryland Odometer Statement is a legal document that verifies the accuracy of a vehicle's recorded mileage at the time of sale or transfer. Florida's residents purchasing or transferring vehicles from Maryland must comply with the state's specific rules regarding odometer disclosure. 2. Types of Maryland Odometer Statements for Florida: — Florida Federal Odometer Disclosure Statement (Form HMV 82993): This form is typically used for most vehicle transactions in Florida and requires accurate mileage disclosure and information about the vehicle's condition during the sale or transfer. — Maryland Odometer Disclosure Damage Statement (Form VR-181): This specific type of Maryland odometer statement is required when the vehicle has been deemed as damaged or salvaged due to an accident or other adverse events. — Maryland Odometer Disclosure for Mileage Discrepancy Statement (Form VR-184): In cases where the odometer disclosure on the title or existing documents does not match the actual mileage, this form is necessary to correct the discrepancy before initiating the transfer or sale. 3. Key Requirements and Keywords: — Accurate Odometer Disclosure: It is crucial to provide truthful information about the vehicle's mileage, ensuring it matches the actual distance driven. — Vehicle Condition: In addition to mileage details, the odometer statement may require information on the overall condition of the vehicle, including any damage or issues that might affect its value. — Signatures and Notarization: The Maryland odometer statement must be properly signed and notarized by both the seller and the buyer to certify the accuracy of the information provided. — Penalties for Noncompliance: Failure to disclose accurate mileage or complete the required odometer forms correctly can result in severe penalties, including fines, legal repercussions, and potential difficulties in registering or transferring ownership of the vehicle. Conclusion: Understanding the specifics of Maryland odometer statements for Florida are crucial for individuals involved in buying or transferring vehicles from Maryland. Compliance with the proper mileage disclosure requirements, utilizing the correct forms such as the Florida Federal Odometer Disclosure Statement (Form HMV 82993), and adhering to the applicable rules are essential to ensure a legal, hassle-free process. Remember to always consult the Florida Department of Highway Safety and Motor Vehicles (DHS MV) or seek professional assistance to ensure compliance with the latest regulations.

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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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Odometer Disclosure Statement. Edit, sign, and share maryland odometer statement online.No need to install software, just go to DocHub, and sign up instantly and for free. Download Odometer Disclosure Statement (VR-197) – Motor Vehicle Administration (Maryland) form. Please understand that Federal and State law requires that you state the mileage in connection with the transfer of ownership. If an out-of-state title shows the vehicle was exempt from odometer disclosure, then no odometer disclosure is required for a Virginia title. Certification of odometer mileage on dealer reassignment form (if purchased from dealer). Lien contract (if applicable). If the odometer mileage is incorrect, the law requires a statement to that effect to be furnished on the title to the buyer. You and your family member will also need to fill out an Odometer Disclosure Statement.

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Maryland Odometer Statement For Florida