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California Bill of Sale for Automobile or Vehicle including Odometer Statement and Promissory Note 2025

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The document is a comprehensive Bill of Sale for an automobile, detailing the sale transaction between a seller and buyer in California. It includes sections for the purchase price, vehicle details (make, model, VIN), odometer disclosure, and a promissory note outlining payment terms. The seller guarantees ownership and freedom from encumbrances, while the buyer agrees to payment conditions. Notary acknowledgment is required for legal validation.

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Does California require an odometer disclosure?

Reference to federal and state law with the following or similar wording: Federal and state law requires that you state the mileage upon transfer of ownership; failure to complete or providing a false statement may result in fines and/or imprisonment.

Who keeps the odometer disclosure statement?

Section 580.8(a) requires motor vehicle dealers and distributors, who are required to issue an odometer disclosure, to retain copies of each odometer statement they issue and receive for five years.

Does an odometer disclosure statement need to be notarized?

While specific regulations vary among states, some necessitate submitting notarized odometer disclosure statements and sale/title paperwork.

Does CA DMV require a bill of sale?

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.

How to write a bill of sale for a vehicle in California?

To take over ownership of a vehicle, you will need: If the seller is not the owner whose name is on the title, you will need a Bill of Sale signed by both the seller and the person whose name appears on the title. A record of the odometer mileage (if the vehicle is less than 10 years old).

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What are the requirements for the federal odometer disclosure?

Due to a federal rule change by NHTSA late last year, beginning January 1, 2021 odometer disclosures will be required for every sale or transfer for the first 20 years of a vehicles life, as opposed to the first 10 years as it is today.

Is an odometer disclosure statement required in California?

This should include a statement of facts about the make, model, year (if applicable), license plate number, and any unique identifiers (e.g., a serial number or vehicle identification number (VIN)). State the agreed-upon purchase price for the item being sold. Its essential to be specific and include the currency.