Odometer Disclosure Statement Pa With Lien

State:
Pennsylvania
Control #:
PA-00431
Format:
Word; 
Rich Text
Instant download

Description

The Odometer Disclosure Statement PA with Lien is a vital legal document required during the transfer of ownership of a motor vehicle in Pennsylvania. This form ensures compliance with federal and state laws by capturing the current odometer reading, which must be disclosed at the time of sale to protect both the seller and buyer from any potential fraud. Key features include sections for the seller and buyer's information, vehicle details such as make, model, VIN, and the mileage statement. Sellers must confirm whether the odometer reading reflects actual mileage, exceeds mechanical limits, or if there's a discrepancy. This form must be notarized to affirm authenticity. It serves various target audiences including attorneys, partners, owners, associates, paralegals, and legal assistants, providing consistent and trustworthy information for vehicle transfers. Filling out this form accurately aids in streamlining the title transfer process and limits liabilities for all parties involved. Proper use of the statement ensures the legal protection of both buyers and sellers against previous liens and odometer 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 Pennsylvania Bill Of Sale Of Automobile And Odometer Statement?

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Bill of Sale

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FAQ

A Pennsylvania Certificate of Title will only be issued when the out-of-state title is submitted with the completed Form MV-1, "Application for Certificate of Title."

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Odometer Fraud Laws If the odometer mileage is incorrect, the law requires a statement to that effect to be furnished on the title to the buyer. However, a vehicle is exempt from the written disclosure requirements if it's 20 years old or older, or a model year 2010 vehicle or older.

In order to have a correction made to the mileage on a vehicle record, you will need to provide the last two years of the vehicle's inspection records or VIN-specific vehicle repair bills, which indicate the mileage at the time of the inspection or repair.

The buyer and seller should meet at the office of a notary public, tag service, or motor vehicle dealer to ensure the title application is completed correctly. If the car is financed, the certificate of title in your name will be mailed to the lienholder.

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Odometer Disclosure Statement Pa With Lien