Vehicle Odometer Statement

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Commonly Asked Questions about Vehicle Odometer Statement

What is a NC MVR 2 form?

Dealers Reassignment of Title to a Motor Vehicle (Form MVR-2)

Do federal and state laws require a completed odometer disclosure statement?

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.

How do you fill out an odometer disclosure statement in NC?

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

Who fills out an odometer statement?

The transferee, when applying for a title, is required to provide the transferors (sellers) title, and if that title contains a space for the ( print page 52667) transferor to disclose the vehicles mileage, that information must be included, and the statement must be signed and dated by the transferor.

What is an odometer statement?

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.

What does I hereby docHub that the odometer reading reflects the amount of mileage in excess of its mechanical limits mean?

SO when it goes past 99,999 it goes back to 00,000 at that point it has surpassed its mechanical ability to record accurate mileage. SO that phase is just a warning to future buyers that the state cannot determine what the mileage is with any certainty.

Do I need an odometer disclosure statement in Massachusetts?

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.

How do you write an odometer disclosure statement?

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: