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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.
Do I need an odometer disclosure statement in TN?
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.
How to fix odometer discrepancy?
In this guide, well walk you through the steps to resolve this issue effectively. Step 1: Verify the Discrepancy. Step 2: Contact the Seller or Previous Owner. Step 3: Review Maintenance Records. Step 4: Consider Vehicle History Reports. Step 5: Inspect the Odometer. Step 6: Seek Legal Advice.
What is an example of an odometer statement?
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.
How to prove odometer reading?
Request a vehicle history report to check for odometer discrepancies in the vehicles history. If the seller does not have a vehicle history report, use the cars VIN to order a vehicle history report online. If you suspect fraud, contact your states enforcement agency.
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Related forms
Florida family law rules of procedure 12910 2000 form
Odometer Fraud Laws If the odometer mileage is incorrect, the law requires a statement to that effect to be furnished on the title to the buyer. However, a vehicle is exempt from the written disclosure requirements if its 20 years old or older, or a model year 2010 vehicle or older.
How to notarize an odometer statement?
A notarized odometer statement must include the vehicles current odometer reading, the vehicles make, model, year, and VIN, the date of the reading, the name and signature of the person taking the reading, and the signature and seal of the notary public.
Related links
Affidavit of Mileage Correction
Vehicle, the odometer was stated incorrectly. The mileage should have been recorded as and noted as (select one):. Actual mileage. Exceeds mechanical limits.
Motor vehicle manual : vehicle titles - Digital Library of Georgia
The Form T-11 Affidavit of Correction is not approved to correct the following information: Odometer Reading If the odometer reading is incorrect, altered
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