Notarized Odometer Statement

State:
Multi-State
Control #:
US-ODM-1
Format:
Word; 
Rich Text
Instant download

Description

This form is a notarized statement prepared by the seller that contains the actual mileage of a vehicle. Federal Law requires the seller of a vehicle to provide mileage upon transfer of ownership.

How to fill out Tennessee Odometer Statement?

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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.

The law requires car dealerships (new and used) to disclose the actual mileage of a vehicle and inform the buyer if an odometer has been tampered with or destroyed, but there's a legal "loophole".

An odometer disclosure statement declares the mileage on your vehicle. They are required when buying a new car or selling a used one. You'll typically need to fill out an odometer disclosure statement to declare mileage on any vehicle that's less than 10 years old.

An odometer disclosure statement is simply a declaration of a vehicle's mileage as indicated by its odometer, and if whether or not it's an accurate reading. If you've ever sold a car you've actually completed a generic odometer disclosure statement.

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.

Odometer tampering is illegal. Whether you need to correct the mileage on a car title because of a mistake or as a result of odometer tampering, your local DMV will help you move forward. Make sure you correct the title accurately and fill out the appropriate paperwork.

On the back of the title the upper block of information that says ASSIGNMENT OF TITLE BY REGISTERED OWNER will be filled out. The buyer(s) name and complete address is printed on the first line. The odometer reading is entered in the space provided. The mileage is entered EXACTLY AS IT APPEARS ON THE ODOMETER.

The odometer is usually situated in the vehicle's dashboard. The word "odometer" is derived from two Greek words meaning path and measure. An odometer may be digital or mechanical.

When a car is sold in this scenario, the mileage is marked on the title as exempt. This is simply stating that the car has been around too long to reliably verify its mileage.

More info

This is known as ?Odometer Disclosure? and is acknowledged by the signatures of both the buyer and seller at the time of transfer. The seller ' ... Federal law (and state law, if applicable) requires that you state the mileage upon transfer of ownership. Failure to complete or providing a false statement ...1 page Federal law (and state law, if applicable) requires that you state the mileage upon transfer of ownership. Failure to complete or providing a false statement ...This includes manufacturer's statement of origin, or MSO, new car invoice from Bill of Sale dealer, odometer statement, and loan paperwork if financed. If the ... This is to certify that I am aware of the facts contained in the above Statement of Facts from the seller. I further agree to indemnify the Tennessee Department ...1 page This is to certify that I am aware of the facts contained in the above Statement of Facts from the seller. I further agree to indemnify the Tennessee Department ... An Odometer Disclosure Statement is a legally binding document that provides an accurate mileage on the odometer at the time the car changes ... The (MSO) will also need the mileage on it or odometer statement.If you choose to fill out From SF0968 to let someone else to obtain a ... Make sure you fill out the odometer reading if the vehicle is less than 10 years old. When this is filled out accurately and legibly, it makes it easy for ... Fill out a Tennessee Odometer Statement if your vehicle title does not include a section to include mileage. Read More: Vehicle Titles Explained. This law applies to a vehicle of any age, no matter who is selling it. This law also requires the seller to write the mileage indicated on the odometer on the ... Free Preview Bill Of Sale Tn · Description Tn Bill Of Sale · How To Fill Out Tennessee Bill Of Sale For Automobile Or Vehicle Including Odometer Statement And ...

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Notarized Odometer Statement