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Commonly Asked Questions about Automobile Odometer Statement Forms

Federal and State laws require that the Seller/Lessee disclose the mileage to the Buyer/Lessor in connection with the transfer of ownership. An inaccurate statement, or failure to complete the statement, may result in fines and/or imprisonment, pursuant to 49 U.S.C.
This written disclosure must be signed by the transferor, including the printed name, and shall contain the following information: (1) The odometer reading at the time of the transfer (not to include tenths of miles); (2) The date of the transfer; (3) The transferors name and current address; (3a) The transferees
Federal and State law require that the seller states the mileage in connection with the transfer of ownership. Failure to complete the odometer statement, or providing a false statement, may result in fines and/or imprisonment.
An odometer disclosure statement is a federally required form used to verify a leased vehicles mileage at the end of the term. This is typically needed when you return, purchase, or trade a leased vehicle.
I hereby docHub that to the best of my knowledge the odometer reading reflects the amount of mileage in excess of its mechanical limits. 2. I hereby docHub that the odometer reading is NOT the actual mileage and should not be relied upon. WARNING - ODOMETER DISCREPANCY.
Reference to federal and state law with the following or similar wording: Federal and state law requires that you state the mileage upon transfer of ownership; failure to complete or providing a false statement may result in fines and/or imprisonment.
An odometer disclosure statement is a legal document that states the accurate mileage on a vehicles odometer at the time of transfer from the seller to the buyer. If the seller knows that the cars mileage is incorrect, the document must contain that information.
The odometer disclosure statement is a document that is required to be given to the buyer of a used car. The statement must include the odometer reading of the car, the date of the reading, and the name of the person who read the odometer.