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This Bill of Sale of Automobile contains the following information: the make/model of the car, VIN number and other information. Seller guarantees that the property is his/her own and is free of all claims and offsets of any kind. The form also contains the Odometer Disclosure Statement required by Federal Law and State Law, where applicable, which must be signed in the presence of a notary public.
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Interesting Questions
An odometer disclosure statement is a legal document that provides information about the mileage on a vehicle at the time of its transfer or sale.
The odometer disclosure statement is crucial for title transfers in Mississippi because it helps to prevent fraud and ensures that the buyer is aware of the vehicle's true mileage.
In Mississippi, the seller of the vehicle is responsible for completing the odometer disclosure statement.
The odometer disclosure statement should be completed at the time of the vehicle's transfer or sale.
Yes, there are exemptions. For example, vehicles that are over 10 years old or have a gross vehicle weight rating of over 16,000 pounds are exempt from the requirement.
The odometer disclosure statement requires the vehicle's mileage reading, the date of the reading, the vehicle identification number (VIN), and the signature of the seller.
You can obtain an odometer disclosure statement form from the Mississippi Department of Revenue or any licensed Mississippi tag agent.
No, the odometer disclosure statement cannot be submitted online. It must be completed on a physical form and provided during the title transfer process.
If the seller provides an inaccurate or fraudulent odometer disclosure statement, they can be held legally responsible and may face penalties.
Yes, the odometer disclosure statement is required for all types of motor vehicles, including cars, trucks, motorcycles, and recreational vehicles.
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