Maryland Odometer Statement For Indiana

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

Description

The Maryland Odometer Statement for Indiana is a crucial legal form used during the sale of a motor vehicle, ensuring compliance with federal and state regulations regarding odometer readings. This form is designed to protect both the seller and buyer by providing a documented statement of the vehicle's mileage at the time of sale, which is essential for determining the vehicle's value and condition. Key features of the form include sections for reporting the vehicle's make, model, year, VIN, and the actual mileage, along with options to certify mileage discrepancies if applicable. Users are required to complete the form accurately and ensure it is notarized to make it legally binding. The target audience—attorneys, partners, owners, associates, paralegals, and legal assistants—will find this form useful for ensuring that their clients meet legal obligations and protect their rights during vehicle transactions. Correct filling and editing instructions emphasize clarity, proper signatures from both parties, and the need for notarization before submission for title transfer, highlighting the document’s importance in safeguarding against potential fraud.
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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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Bill of Sale

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FAQ

The exempt mileage title is used when the mileage displayed on a vehicle's odometer cannot be verified as accurate due to exceeding the odometer's mechanical limits or being tampered with. It is issued by the DMV to protect potential buyers from paying more for a vehicle than it is actually worth.

Sec. 6. (a) An application for a certificate of title for a vehicle must contain the odometer reading of the vehicle in miles or kilometers as of the date of sale or transfer of the vehicle to the applicant.

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.

ODOMETER DISCLOSURE STATEMENT INSTRUCTIONS: 1. In ance with federal and state law, the seller of a motor vehicle must disclose the current mileage to a purchaser in writing upon transfer of ownership. The disclosure must be signed by the seller, including the printed name.

Seller's Signature Seller's Name (Print Name in Full) Mailing Address (Include Street Number and Name, Rural Delivery, Box, Apt. No.) Enter odometer reading exactly as it appears on the vehicle's odometer (excluding tenths) and check applicable boxes.

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Maryland Odometer Statement For Indiana