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Chapter 5: Odometer Mileage Reporting All states are required to provide an odometer disclosure section/space on complying titles or complying forms. The odometer disclosure should contain: The complete vehicle description (make, year model, body type, and vehicle identification number). The date of sale.
An Odometer Disclosure Statement provides evidence of a vehicle's accurate mileage.
When titling a leased vehicle, obtain the leasing companyes soundex number and the lesseees driveres license number. The Application for Title (VR-005) must be completed with lessores and lesseees soundex/driveres license number, name and address. A leasing company soundex will always be a company soundex.
In most cases, the dealer will handle the titling and registration of your previously leased vehicle through the MVA.
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.