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When a car is sold in this scenario, the mileage is marked on the title as \u201cexempt.\u201d This is simply stating that the car has been around too long to reliably verify its mileage.
Retail Certificate of Sale (MV-50) (aka 'Dealer's Bill of Sale'). The proof of ownership for a used vehicle is the title certificate that the previous owner signed to transfer the ownership to the dealer and a form MV-50 that the dealer signs to transfer ownership to you.
I certify that, to the best of my knowledge, this odometer reading is \u201cNOT THE ACTUAL MILEAGE. WARNING - ODOMETER DISCREPANCY.\u201d FEDERAL AND STATE LAWS REQUIRE THAT YOU PROVIDE THE MILEAGE AND CONDITION OF THE VEHICLE DESCRIBED BELOW WHEN TRANSFERRING OWNERSHIP OF IT TO SOMEONE ELSE.
I certify that, to the best of my knowledge, this odometer reading is \u201cNOT THE ACTUAL MILEAGE. WARNING - ODOMETER DISCREPANCY.\u201d FEDERAL AND STATE LAWS REQUIRE THAT YOU PROVIDE THE MILEAGE AND CONDITION OF THE VEHICLE DESCRIBED BELOW WHEN TRANSFERRING OWNERSHIP OF IT TO SOMEONE ELSE.
An odometer brand explains the circumstances that support the odometer disclosure. The brands are defined by NHTSA regulations as: Actual: the mileage as stated is the Actual Mileage, there are no discrepancies.
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I, (seller's printed name) _____________________________________________________________ state that the odometer now reads (miles, no tenths) ______________ miles and to the best of my knowledge that it reflects the actual mileage of the vehicle described above, unless one of the following statements is checked.
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.
If there is a discrepancy, you will need to make one of two choices: > Proceed with the transaction. The odometer reading recorded on your title will be branded \u201cNot Actual.\u201d This could greatly diminish the value of your vehicle. Allow DMV to hold your title while you collect evidence of the vehicle's actual mileage.
An odometer brand explains the circumstances that support the odometer disclosure. The brands are defined by NHTSA regulations as: Actual: the mileage as stated is the Actual Mileage, there are no discrepancies.
I, (seller's printed name) _____________________________________________________________ state that the odometer now reads (miles, no tenths) ______________ miles and to the best of my knowledge that it reflects the actual mileage of the vehicle described above, unless one of the following statements is checked.

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