Definition & Meaning
The TC-891, Odometer Disclosure Statement is a legal form used in the United States to certify the mileage of a vehicle during a transfer of ownership. This form is essential for maintaining transparency and trust between the transferor (seller) and the transferee (buyer). It helps prevent odometer fraud, a serious issue where the vehicle's odometer is tampered with to misrepresent the actual mileage, which can affect the vehicle's resale value and reliability.
- Ensures legal compliance in vehicle sales and transfers.
- Provides accurate vehicle mileage information.
- Required by federal law under the Truth in Mileage Act.
Key Elements of the TC-891, Odometer Disclosure Statement
The TC-891 form contains several critical sections that need to be filled out to ensure its validity.
Transferor Information
- Seller's Name and Address: The full legal name and current address.
- Signature: Confirms the accuracy of the odometer reading provided.
Transferee Information
- Buyer's Name and Address: The recipient's full legal name and current address must be included.
- Acknowledgment: The buyer acknowledges receipt of the statement and agrees with the recorded mileage.
Vehicle Details
- Vehicle Identification Number (VIN): This unique identifier is crucial for vehicle verification.
- Make, Model, Year: Basic information about the vehicle being transferred.
Odometer Disclosure
- Current Mileage: The exact number displayed on the odometer at the time of sale.
- Disclosure Statement: Whether the mileage is accurate, exceeds the mechanical limits, or if there has been tampering.
Steps to Complete the TC-891, Odometer Disclosure Statement
Completing the TC-891 form involves several steps, crucial for both legal compliance and ensuring the accuracy of the information.
- Gather Required Information: Compile all necessary details about the vehicle and both parties involved.
- Fill Out Vehicle Details: Accurately enter the make, model, year, and VIN.
- Record Odometer Reading: Provide the exact reading from the vehicle's odometer.
- Signatures: Obtain signatures from both the seller and buyer to certify agreement with the disclosure.
- Review for Accuracy: Double-check all sections to ensure that the form is filled out completely and correctly.
How to Obtain the TC-891, Odometer Disclosure Statement
There are several methods to obtain the TC-891 form, allowing flexibility based on your preferences and access.
- Online Download: Many state DMV websites offer downloadable versions of the form. Ensure you use the official site to get an authentic copy.
- DMV Office Visit: You can visit your local Department of Motor Vehicles (DMV) to pick up a physical copy. This can be useful if you're unfamiliar with the form or need assistance.
- Dealerships: Auto dealerships often provide the necessary paperwork, including the TC-891, during the purchase of a vehicle.
Legal Use of the TC-891, Odometer Disclosure Statement
The TC-891 form is a legal requirement during vehicle transfers and must be used correctly to avoid penalties.
- Compliance: Required under federal law to prevent fraud.
- Protection: Safeguards buyers by certifying accurate mileage.
- Documentation: Ensures both parties have a record of the disclosed information for future reference.
State-Specific Rules for the TC-891, Odometer Disclosure Statement
While the TC-891 form serves a universal purpose across the United States, specific variations may exist depending on state laws.
- Different Form Numbers: Some states might issue their own version of the odometer disclosure forms.
- Additional Documentation Requirements: Certain states require supplementary documents with the TC-891.
- Submission Processes: Variations in whether the form must be submitted online, mailed, or delivered in-person at state-specific agencies.
Penalties for Non-Compliance
Failure to properly complete or provide a TC-891, Odometer Disclosure Statement can lead to serious repercussions.
- Fines: Monetary fines can apply for fraud or misrepresentation.
- Legal Action: Potential lawsuits for deceitful practices.
- Revocation of Sale: The sale can be invalidated if proper disclosure is not made.
Understanding and correctly using the TC-891, Odometer Disclosure Statement ensures not only legal compliance but also fosters transparency and trust in vehicle transactions.
