Md Odometer Statement Form California

• Category: Bills of Sale - Automobiles
• State: Maryland
• Control #: MD-00431
• Format: Word; Rich Text

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.

The MD odometer statement form in California is an official document used to record and verify the accurate mileage of a motor vehicle during a transfer of ownership. This form is crucial for both buyers and sellers, as it helps prevent odometer fraud and ensures transparency in automobile transactions. The California DMV (Department of Motor Vehicles) requires this form to be completed when a vehicle is being sold or transferred within the state. The MD odometer statement form captures vital information related to the vehicle, the buyer, the seller, and the odometer readings. It includes fields such as the vehicle identification number (VIN), make, model, year, body style, color, buyer's information, seller's information, and last recorded mileage. The form also provides separate sections for the seller to disclose any known defects or alterations to the odometer. It is crucial to fill out the MD odometer statement form accurately and truthfully, as any misleading or false information can lead to legal consequences. Both parties involved in the vehicle transfer must sign the form, acknowledging the accuracy of the provided information. Additionally, the form includes warning statements about the consequences of odometer tampering, misrepresentation, or using fraudulent information. In California, there are various other types of odometer-related forms and statements that may be relevant to specific situations. Some of these forms include: 1. Odometer Disclosure Statement (REG 262): This form is required to disclose the odometer reading when transferring the ownership of a vehicle in California. It is used for most vehicle transfers, including private party sales, gifts, and transfers between family members. 2. Odometer Mileage Reassignment (REG 262): This form is used when an error occurs on the original REG 262 form. It allows corrections to be made to the previously reported mileage or reassignment of the mileage if a mistake was made. 3. Odometer Mileage Correction Statement (REG 101): This form is used when the correct mileage on a vehicle needs to be verified and corrected. It is typically used when a discrepancy is discovered between the actual mileage and the mileage recorded on the odometer. It is essential for anyone involved in a vehicle transfer in California to familiarize themselves with the specific requirements of the MD odometer statement form and other related forms to ensure compliance with state regulations and prevent any legal issues.