State Odometer Disclosure Statement for Your Vehicle - Odometer Disclosure Statement

If you're buying or selling a vehicle, one of the critical documents you need to have in place is the Odometer Disclosure Statement. As the name suggests, this statement discloses the vehicle's mileage or odometer reading at the time of sale, protecting both the buyer and seller in the transaction. At BizzLibrary.com, we understand the importance of having a correctly completed Odometer Disclosure Statement, which is why we offer a comprehensive form that meets the state's legal requirements.

What is an Odometer Disclosure Statement?

An Odometer Disclosure Statement is a legal document that must be signed by the buyer and seller of a vehicle in most states. It discloses the mileage or odometer reading of the vehicle at the time of sale or transfer. The purpose of this statement is to protect the buyer from purchasing a vehicle with misrepresented mileage that could affect its value or resale potential. It also protects the seller from any potential liability due to odometer tampering or fraud.

When is an Odometer Disclosure Statement Required?

Most states require a completed Odometer Disclosure Statement for vehicles that are eight years or newer. Some states may have different requirements regarding the type of vehicles that require this form, so it's essential to check your state's laws or consult with legal counsel to ensure compliance.

What Information is Included in an Odometer Disclosure Statement?

The Odometer Disclosure Statement typically includes the following information:

• The vehicle's make, model, year, and vehicle identification number (VIN)
• The odometer reading at the time of sale or transfer
• The date of sale or transfer
• The buyer's and seller's names, addresses, and signatures
• The statement must declare whether the odometer reading reflects the actual mileage or if the mileage is unknown or has exceeded its mechanical limits (if applicable)

Get Your Odometer Disclosure Statement Form

Are you looking for a reliable and legally compliant Odometer Disclosure Statement form? Look no further than BizzLibrary.com! Our form is designed to meet the state's legal requirements and provide a clear and concise statement that protects both parties involved in the vehicle transaction.

Visit BizzLibrary.com now to download your Odometer Disclosure Statement form in DOCX format. We offer a wide range of legal document templates, including sales agreements, lease agreements, and more, so you can be prepared for any business transaction.

Protect your interests and ensure a smooth and successful vehicle sale by downloading your Odometer Disclosure Statement form today!