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Commonly Asked Questions about Legal Odometer Statement Forms

Federal law requires you to share the odometer mileage in conjunction with the transfer of ownership. Failure to complete or provide 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.
Section 501.072 requires the transferor of a motor vehicle transferred in this state to provide to the transferee a disclosure of the vehicles odometer reading at the time of the transfer in compliance with 49 U.S.C.
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. ODOMETER DISCLOSURE STATEMENT in.gov Download in.gov Download
Illinois law prohibits odometer tampering and requires anyone who sells a motor vehicle to disclose the accuracy of its odometer reading. All sellers of a motor vehicle are subject to the law private citizens, as well as car dealers.
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.
The location of the odometer is usually on the dashboard meter panel of the car, so drivers can check it very easily. The odometer is usually placed near the information circle related to the tachometer and speedometer.
Due to a federal rule change by NHTSA late last year, beginning January 1, 2021 odometer disclosures will be required for every sale or transfer for the first 20 years of a vehicles life, as opposed to the first 10 years as it is today. NEW FEDERAL ODOMETER DISCLOSURE RULES sunflowerautoauction.com docs odomete sunflowerautoauction.com docs odomete
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.