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Odometer Disclosure Statement. All information on the disclosure statement can be typed or computer generated except for the printed names and signatures. 1.The purchaser must sign the disclosure statement, including printed name and address, and return a copy to the seller. 3. No.) Enter odometer reading exactly as it appears on the vehicle's odometer (excluding tenths) and check applicable boxes. Federal law (and State law if applicable) requires that you state the mileage upon transfer of ownership. FEDERAL LAW requires that you state the mileage upon transfer of ownership. Federal and state laws require that you state the mileage in a transfer of ownership. Disclosure statement. How do I fill this out? Federal and State law require that you state the mileage upon transfer of ownership.