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Odometer disclosure statement

Illinois odometer disclosure statement 2026

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The document is a Bill of Sale for an automobile, detailing the sale transaction between a seller and buyer in Illinois. It includes sections for vehicle information, payment details, seller's guarantees regarding ownership and encumbrances, and an odometer disclosure statement required by federal law. The document must be notarized and is necessary for transferring ownership and obtaining a certificate of title.

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Click ‘Get Form’ to open the Illinois Odometer Disclosure Statement in the editor.
Begin by entering your name as the Transferor (Seller) at the top of the form. This identifies you as the seller of the vehicle.
Next, input the current odometer reading in miles. Ensure this reflects the actual mileage of the vehicle to avoid legal issues.
If applicable, check one of the statements regarding odometer discrepancies: either that it exceeds mechanical limits or is not actual mileage.
Fill in details about the vehicle including Make, Model, Body Type, VIN, and Year. This information is crucial for identification purposes.
Provide your signature as Transferor and complete your contact information including address and city.
Lastly, have the Transferee (Buyer) fill out their information and sign where indicated. Ensure all fields are completed before submission.

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Do I need an odometer disclosure statement in Arkansas?

(1) A person transferring his or her ownership of a motor vehicle shall give the transferee a written disclosure: (A) Of the cumulative mileage registered by the odometer; or.

What is exempt from odometer disclosure in Wisconsin?

What does an exempt status mean? It means the vehicle is exempt from odometer disclosure due to age (model year 2010 or older), vehicle type (e.g. trailer), or weight (registered or gross vehicle weight rating over 16,000 pounds). The seller is not required to report the mileage from the odometer.

Does Illinois require an odometer disclosure statement?

Illinois law requires mileage disclosure for all vehicles. Exceptions include: vehicle weight of more than 16,000 pounds; vehicles 10 years old or older; vehicles that are not self-propelled; and vehicles manufactured without an odometer.

How to prove odometer reading?

Ask to see the title and compare the mileage on it with the vehicles odometer. Be sure to examine the title closely if the mileage notation seems obscured or is not easy to read. Compare the mileage on the odometer with the mileage indicated on the vehicles maintenance or inspection records.

What is the form 729 odometer disclosure statement?

The purpose of the Odometer Disclosure Statement Form 729 is to provide a legal record of the odometer reading of a vehicle at the time of transfer of ownership. This form protects both the seller and buyer by ensuring transparency regarding the vehicles mileage, serving as a safeguard against fraud.

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How do I get an odometer disclosure statement?

How to Obtain an Odometer Disclosure Statement. Every state requires some form of odometer disclosure statement. You can visit your state Department of Motor Vehicles (DMV) website for specific details about where you live. Some states use a federal form for the statement, and others have their own unique templates.

What is the purpose of the 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.