Md Odometer Statement For Indiana

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

Description

The Md Odometer Statement for Indiana is a legal document designed to ensure accurate disclosure of a vehicle's mileage upon transfer of ownership. It serves both as an essential compliance tool for the seller and protection for the buyer, preventing misinformation about the vehicle's condition. The form includes sections for stating the odometer reading, a declaration regarding the mileage's accuracy, and requires signatures from both the seller and buyer. Users must carefully fill out all fields, including the vehicle's make, model, VIN, and the parties' contact information, to avoid any legal repercussions, such as fines for inaccurate statements. This form is particularly useful for attorneys, partners, and paralegals handling vehicle sales, as it provides legal assurance and clarity in transactions. It can also benefit owners and associates involved in buying or selling vehicles, ensuring compliance with federal and state laws regarding odometer disclosures. Legal assistants can utilize this form effectively when preparing documentation for title applications or vehicle transfers, ensuring all necessary information is present for a smooth 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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Bill of Sale

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FAQ

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.

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.

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.

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 ...

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Md Odometer Statement For Indiana