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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.
The transferee, when applying for a title, is required to provide the transferors (sellers) title, and if that title contains a space for the ( print page 52667) transferor to disclose the vehicles mileage, that information must be included, and the statement must be signed and dated by the transferor.
When ownership changes on a vehicle more than 20 years old (or having a model year of 2010 or older), the mileage is eligible for odometer exemption. If the mileage is not being recorded, the word EXEMPT should be written in the odometer disclosure area of the title or application for title.
(1) Every certificate of title issued by the department must contain the following statement on its reverse side: Federal and state law require the completion of the odometer statement set out below. Failure to complete or providing false information may result in fines, imprisonment, or both.
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.
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Federal law requires you to share the odometer mileage in conjunction with the transfer of ownership. Failure to complete or provide a false statement may result in fines and/or imprisonment.
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.

florida separate odometer disclosure