Texas Odometer Disclosure Statement With Lien Release

• Category: Bills of Sale - Automobiles - Promissory Notes
• State: Texas
• Control #: TX-00431-C
• Format: Word; Rich Text

Description

The Texas odometer disclosure statement with lien release is a vital form used during the sale of a motor vehicle, ensuring accurate mileage reporting to comply with both federal and state laws. The form is designed for completion by the seller, known as the transferor, and must be filled out alongside documents such as the bill of sale and promissory note. Key features of this form include a clear declaration of the odometer reading, options to disclose discrepancies, and spaces for both buyer and seller signatures. Filling in the form requires careful attention to detail, ensuring all vehicle information, including make, model, VIN, and year, is accurate. The specific use cases for this form are primarily relevant for attorneys, partners, owners, associates, paralegals, and legal assistants who need to facilitate vehicle transactions. These users benefit from understanding the legal requirements surrounding vehicle sales and the importance of maintaining proper documentation. Accurate completion of this form helps prevent potential legal issues regarding mileage misrepresentation. Users should retain copies for their records and provide the original when applying for a certificate of title.