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Illinois law prohibits odometer tampering and requires anyone who sells a motor vehicle to disclose the accuracy of its odometer reading. All sellers of a motor vehicle are subject to the law private citizens, as well as car dealers.
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.
Exempt means that by Federal Law, no odometer code is required to be displayed for this lot.
How to Obtain an Odometer Disclosure Statement. Every state requires some form of odometer disclosure statement. You can visit your state Department of Motor Vehicles (DMV) website for specific details about where you live. Some states use a federal form for the statement, and others have their own unique templates.
Can Odometer Statements Require Notarization? While specific regulations vary among states, some necessitate submitting notarized odometer disclosure statements and sale/title paperwork.
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