Maryland Odometer Statement With Join
Description
How to fill out Maryland Bill Of Sale Of Automobile And Odometer Statement?
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FAQ
The Truth in Mileage Act (TIMA) is a federal law that requires the seller of a motor vehicle to provide an odometer disclosure to the buyer at the time of sale or transfer of ownership.
An odometer disclosure statement is simply a declaration of a vehicles mileage as indicated by its odometer, and if whether or not its an accurate reading.
Federal law and section 233a of the Michigan Vehicle Code require that a lessee disclose the mileage to the lessor in connection with the transfer of ownership.
Federal and state law requires that you state the mileage upon transfer of ownership; failure to complete or providing a false statement may result in fines and/or imprisonment.
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 ...