Bill of Sale of Automobile and Odometer Statement for As-Is Sale - Arkansas 2025

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In the United States, a notarized odometer statement is typically required to be filed by the seller of a motor vehicle. This requirement aims to verify and document the accurate mileage of the vehicle for potential buyers and to prevent odometer fraud.
1. I hereby certify that, to the best of my knowledge, the above-listed odometer reading reflects the actual mileage of the vehicle described below. 2. I hereby certify that, to the best of my knowledge, the above-listed odometer reading reflects the amount of mileage in excess of its mechanical limits.
An as-is bill of sale means the buyer agrees to purchase the item in its current condition, regardless of what that condition is. The buyer agrees to accept the item with any known or potentially unknown defects in the property. The seller does not warranty or guarantee anything about the item when selling it.
How to write an Arkansas bill of sale Collect all the relevant buyer information, seller information, the purchase date, and the item being sold. Include accurate descriptions, such as make, model, odometer readings, vehicle identification number (VIN), or serial numbers.
Section 580.5(c) requires a transferor to sign, and to print his/her name on an odometer disclosure statement with the following information: (1) The odometer reading at the time of transfer (not to include tenths of miles); (2) the date of transfer; (3) the transferors name and current address; (4) the transferees
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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.
While it is common to present a bill of sale in a digital format, you can also create this type of contractual agreement as a handwritten document on paper. Whats most important is to include all of the pertinent details in the bill of sale in order to protect both parties.

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