Odometer Disclosure Statement - Official Mileage Documentation

Are you buying or selling a vehicle and need to disclose the mileage? Look no further than the Odometer Disclosure Statement! This is a legally required document that establishes the mileage of a vehicle at the time of transfer. At BizzLibrary.com, we understand the importance of having a reliable Odometer Disclosure Statement to protect yourself and ensure a smooth transaction. Our Odometer Disclosure Statement template is easy to use, customizable, and available for instant download in DOCX format.

What is an Odometer Disclosure Statement?

An Odometer Disclosure Statement is a legal document that provides an accurate record of how many miles a vehicle has traveled throughout its lifetime. This is required by law and helps to prevent odometer fraud by ensuring that the mileage of the vehicle is accurately recorded and disclosed to the buyer.

How Does the Odometer Disclosure Statement Work?

The Odometer Disclosure Statement serves as a declaration by the seller that the odometer reading is accurate to the best of their knowledge. The buyer is then provided with this information, which they can verify against the vehicle's maintenance records or other documents. The statement can also be used to support financing or insurance claims.

Why Do You Need an Odometer Disclosure Statement?

As a seller, providing an Odometer Disclosure Statement protects you from any legal action resulting from odometer fraud. If the mileage is found to be inaccurate, you could be held liable for damages or financial losses. Alternatively, as a buyer, you can use the statement to verify the mileage of the vehicle and ensure that you are getting what you paid for.

Download Your Odometer Disclosure Statement Template

Don't risk facing legal action or financial losses due to odometer fraud. Download our Odometer Disclosure Statement template today and protect your interests as a seller or buyer. Our template is easy to customize and available for instant download in DOCX format. Visit BizzLibrary.com now to access a wide range of legal document templates, including sales agreements, lease agreements, and more. Get the documents you need for a successful transaction!