Odometer Disclosure Statement Example

State:
Washington
Control #:
WA-00431
Format:
Word; 
Rich Text
Instant download

Description

The Odometer Disclosure Statement example is a critical form used in the transfer of ownership of a motor vehicle, ensuring compliance with federal and state laws regarding mileage disclosure. It is designed to be completed by the transferor (seller) and requires the seller to state the current odometer reading and confirm its accuracy. Key features include sections for the seller's and buyer's information, vehicle details, and options for disclosing discrepancies in the odometer reading. Users must be aware that failing to provide accurate information can lead to legal consequences. This form is especially useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in vehicle sales, as it protects all parties and maintains transparency in the transaction. Filling instructions are straightforward, focusing on clear identification of both parties and vehicle specifics, making it accessible even to those with limited legal background. It is essential that the original statement is provided with the application for a certificate of title to validate the transfer. Overall, this form ensures legal compliance and helps prevent disputes related to vehicle ownership.
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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 Washington Bill Of Sale Of Automobile And Odometer Statement?

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Bill of Sale

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FAQ

PURPOSE: Federal and state law require both seller (transferor) and buyer (transferee) to accurately state the mileage of any used motor vehicle, with a manufacture year of 2011 or newer, in connection with the transfer of ownership whether sale, trade-in or exchange.

California Certificate of Title The Mileage Disclosure section is required by law. Don't forget to enter the mileage on the date of the sale and sign it. Your vehicle title should always be kept in a safe place, as it is proof of ownership of your vehicle, and could be the only form you need to sell your vehicle.

The odometer disclosure should contain: The complete vehicle description (make, year model, body type, and vehicle identification number). The date of sale. Reference to federal and state law with the following or similar wording:

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.

I you have a odometer that only has 5 places for numbers the highest mileage it can record is 99,999. SO when it goes past 99,999 it goes back to 00,000 at that point it has surpassed it's mechanical ability to record accurate mileage.

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Odometer Disclosure Statement Example