What is a generic odometer disclosure statement?

An odometer disclosure statement is simply a declaration of a vehicle's mileage as indicated by its odometer, and if whether or not it's an accurate reading. If you've ever sold a car you've actually completed a generic odometer disclosure statement.

What happens if you don't know the odometer reading?

Remember that odometer tampering can result in fines and /or imprisonment, so it's important, to be honest about your vehicle's mileage. It's OK if you don't know what the real number is, but make sure you indicate as such on the title upon its sale.

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Odometer Statement

Arkansas Odometer Statement

Name: Arkansas Odometer Statement
Brand: US Legal Forms
Rating: 4.73 (378 reviews)

Category:

Bills of Sale - Automobiles

State:

Multi-State

Control #:

US-ODM-1

Format:

Instant download

Description

This form is a notarized statement prepared by the seller that contains the actual mileage of a vehicle. Federal Law requires the seller of a vehicle to provide mileage upon transfer of ownership.

How to fill out Arkansas Odometer Statement?

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FAQ

Odometer Statement. Under federal guidelines, vehicles less than 20 years old must have a fully completed odometer disclosure statement signed by both the buyer and the seller.

An Odometer Disclosure Statement is a legally binding document that provides an accurate mileage on the odometer at the time the car changes hands from the seller to the purchaser. And if the mileage is known to be incorrect, it must be indicated on the statement.

An Arkansas motor vehicle bill of sale (Form 10-313) is a document that serves as legal proof that a motor vehicle has transferred ownership. The form conveniently includes an odometer disclosure statement which is usually separate. New owners must furnish a legal bill of sale in order to register the vehicle.

An odometer disclosure statement is simply a declaration of a vehicle's mileage as indicated by its odometer, and if whether or not it's an accurate reading. If you've ever sold a car you've actually completed a generic odometer disclosure statement.

Remember that odometer tampering can result in fines and /or imprisonment, so it's important, to be honest about your vehicle's mileage. It's OK if you don't know what the real number is, but make sure you indicate as such on the title upon its sale.

In Arkansas, a bill of sale is required to register any newly purchased boat or vehicle and may need to be notarized. Once the necessary bill of sale has been completed with the buyer and seller's information, both parties must sign the document to officially transfer ownership of the item.

More info

In the case of a transferor in whose name the vehicle is titled, the transferor shall disclose the mileage on the title, and not on a ... If the control number is less than 3003001, you are required to complete a Bill of Sale/Odometer Disclosure Statement (Form 10-313). If the ...Follow these steps to fill out an Odometer Disclosure Form:When the papers are filled out, attach the statement to the Bill of Sale. The buyer has the ... This information includes the legal name, address, and signature of the buyer and the seller(s) along with the date of the sale, the odometer reading, and the ... Federal law (and State law if applicable) requires that you state the mileage upon transfer of ownership. Failure to complete or providing a false statement may ... Federal odometer statement; The driver's license of the buyer and seller; Funds to pay title transfer fees and any registration fees and taxes. Can You Transfer ... If the vehicle is a 2011 model or newer, the seller must enter the current mileage in the Odometer Reading section of the title upon sale of the ... Prepare their insurance card, federal odometer statement, and applicable primary documents (vehicle title, bill of sale, manufacturer statement of origin, out ... Name of the seller. ? Complete address of the seller. ? Name of the buyer. ? Complete address of the buyer. ? Complete vehicle description, including ...

Arkansas Odometer Statement

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How to fill out Arkansas Odometer Statement?

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Do I need an odometer disclosure statement in Arkansas?

What is a federal odometer reading?

What is a federal odometer statement in Arkansas?

What is a generic odometer disclosure statement?

What happens if you don't know the odometer reading?

Does Arkansas require a bill of sale for a car?

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