Get an Accurate Odometer Disclosure Statement for State

Are you involved in buying or leasing a motor vehicle and require a reliable odometer disclosure statement? Look no further, because BizzLibrary.com has got you covered. Our professionally drafted Odometer Disclosure Statement template is designed to protect all parties involved in the transaction while ensuring compliance with state regulations.

What is an Odometer Disclosure Statement?

An odometer disclosure statement is a legal document that provides a record of the mileage at the time of vehicle sale or lease. It is required by law in most states to prevent odometer fraud and ensure the accuracy of vehicle odometer readings.

Why Do You Need an Odometer Disclosure Statement?

An Odometer Disclosure Statement serves as legal proof of the mileage reading of a vehicle at the time of sale or lease. It is essential for:

1. Compliance with State Laws: Most states require an Odometer Disclosure Statement to combat vehicle fraud and protect consumers.
2. Tracking a Vehicle's Mileage: Odometer Disclosure Statements enable buyers and lessees to track the number of miles a vehicle has been driven, which can affect resale value, maintenance, and warranties.
3. Protecting Both Parties: An Odometer Disclosure Statement protects buyers and lessees by disclosing the mileage reading and ensuring the vehicle's value aligns with the number of miles traveled. It also protects sellers and lessors from possible legal consequences of odometer tampering.

Get Your Odometer Disclosure Statement Template

At BizzLibrary.com, we understand the importance of having a reliable Odometer Disclosure Statement when buying or leasing a vehicle. Our template includes all the necessary information, such as vehicle make and model, VIN number, mileage reading, and buyer/lessee and seller/lessor information. The document is designed to comply with state regulations for odometer disclosure statements.

Download our Odometer Disclosure Statement template in DOCX format and protect your interests in any vehicle transaction. Visit BizzLibrary.com today and access a wide range of business document templates, including legal contracts and agreements, sales agreements, and more.