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It is unlawful for any person to disconnect, turn back, advance, or reset the odometer of any motor vehicle with the intent to alter the number of miles indicated on the odometer gauge.
An odometer disclosure statement is simply a declaration of a vehicles mileage as indicated by its odometer, and if whether or not its an accurate reading. If youve ever sold a car youve actually completed a generic odometer disclosure statement.
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 Vehicle/Vessel Transfer and Reassignment (REG 262) form serves as a bill of sale, power of attorney, and odometer disclosure. Because odometer disclosure is not required for vessels, the REG 262 or Bill of Sale (REG 135) form may be used when a bill of sale is needed.
STATE LAW REQUIRES YOU TO DISCLOSE SIMILAR DAMAGE INFORMATION WHEN YOU SELL OR TRANSFER TITLE TO THIS VEHICLE. NOTICE TO BUYER: RETAIN THIS INFORMATION. STATE LAW REQUIRES YOU TO DISCLOSE SIMILAR DAMAGE INFORMATION WHEN YOU SELL OR TRANSFER TITLE TO THIS VEHICLE.
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A bill of sale is only legally required in North Carolina when you purchase your vehicle from a car dealership. The dealership is mandated by law to provide you will a bill of sale, which acts as your proof of purchase for future reference.
The Vehicle/Vessel Transfer and Reassignment (REG 262) form serves as a bill of sale, power of attorney, and odometer disclosure. Because odometer disclosure is not required for vessels, the REG 262 or Bill of Sale (REG 135) form may be used when a bill of sale is needed.
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.
1 Notarization is required.
All states are required to provide an odometer disclosure section/space on complying titles or complying forms. The odometer disclosure should contain: The complete vehicle description (make, year model, body type, and vehicle identification number). The date of sale.

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