Odometer Disclosure Statement For Texas

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

Description

The Odometer Disclosure Statement for Texas is a legal form required when transferring ownership of a motor vehicle. This document ensures that the seller accurately discloses the vehicle's current odometer reading, stating whether it reflects the actual mileage or if there are discrepancies. Key features include designated sections for both the seller and buyer's information, vehicle details such as make, model, and VIN, and options to clarify mileage conditions. It's crucial that the form is completed accurately, as failure to do so can lead to legal penalties. Filling instructions emphasize the importance of providing truthful data and obtaining necessary signatures from both parties. For the target audience of attorneys, partners, owners, associates, paralegals, and legal assistants, the form aids in compliance with federal and state laws regarding vehicle transactions, mitigating potential liability issues. It is essential for any legal professional handling vehicle sales to ensure the proper execution of this form during the sale process.
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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

Section 501.072 requires the transferor of a motor vehicle transferred in this state to provide to the transferee a disclosure of the vehicle's odometer reading at the time of the transfer in compliance with 49 U.S.C.

For large-scale investigations, the National Highway Traffic Safety Administration (NHTSA) Office of Odometer Fraud Investigation can provide assistance. You may help an investigation by reporting a suspicious VIN to the NHTSA Office of Odometer Fraud Investigation at (202) 366-4761.

What Does an Exempt Odometer Mean? The exempt mileage title is granted by the Department of Motor Vehicles (DMV) in situations where the vehicle's odometer has surpassed its mechanical limits or has been tampered with, rendering it impossible to accurately determine the true car mileage.

ODOMETER DISCLOSURE STATEMENT VTR-40 Rev. 11/09 DHT 142235 Federal and State Law require that you state the mileage in connection with the transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment.

Exempt from Odometer Disclosure. The vehicle falls within criteria that allow it to change ownership without disclosure of the odometer reading. Exempt. Exceeds Mechanical Limits. The odometer reading is less than the true mileage of the vehicle because the odometer cannot display the total number of true miles.

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Odometer Disclosure Statement For Texas