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.

How can I check my actual mileage?

How to check if the mileage is genuine?First, compare the wear and tear of the vehicle with the mileage shown on the odometer.Next, check the vehicle's pedal rubbers, its steering wheel and gear knob, and compare these with the rest of the vehicle.More items...

What is a mileage statement?

An odometer disclosure statement declares the mileage on your vehicle. They are required when buying a new car or selling a used one. You'll typically need to fill out an odometer disclosure statement to declare mileage on any vehicle that's less than 10 years old.

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Odometer Statement

Massachusetts Odometer Statement

Name: Massachusetts 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 Massachusetts Odometer Statement?

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FAQ

It's because they need to calculate whether you are at high risk of accident or not. Simple logic operates here the more you drive, the higher the chance of accidents. That's why they care so much about your annual mileage.

A odometer discrepancy describes a situation in which the vehicle's reported mileage does not match the vehicle's actual mileage. It is a brand or status that can be placed on a vehicle's title by the state DMV and it is also a check that may show up in a third-party vehicle history report.

Mileage reimbursement includes compensating employees for using their personal vehicles (e.g., cars or trucks) to run business errands. You might use mileage reimbursement to pay employees for doing things like: Driving to the bank for a business transaction.

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 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.

The Truth in Mileage Act (TIMA) is a federal law that requires the seller of a motor vehicle to provide an odometer disclosure to the buyer at the time of sale or transfer of ownership. The buyer must sign in acknowledgment of the mileage disclosure given.

How to check if the mileage is genuine?First, compare the wear and tear of the vehicle with the mileage shown on the odometer.Next, check the vehicle's pedal rubbers, its steering wheel and gear knob, and compare these with the rest of the vehicle.More items...

An odometer disclosure statement declares the mileage on your vehicle. They are required when buying a new car or selling a used one. You'll typically need to fill out an odometer disclosure statement to declare mileage on any vehicle that's less than 10 years old.

Florida Odometer Disclosure Statement InstructionsDescribe the vehicle - state its identification number, year, make, color, body type, and the number of the existing title.Select the type of the odometer (5- or 6-digit), write down the current mileage of the vehicle, and indicate the date of the reading.More items...

More info

I,. , state that the odometer now reads. miles and to the best of my knowledge that it reflects the actual mileage of the vehicle described below, unless one of ... 1. A completed and signed Registration and Title Application ? the old RMV-1 Form. · 2. One of the following documents must be submitted along with the completed ...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 ... ODOMETER DISCLOSURE STATEMENT. Federal and State law require that you state the mileage upon transfer of ownership. Failure to complete or providing a false ... You can locate the form for your state here. A fully completed form includes the buyer's and seller's personal information, the date of ... Odometer Reading ? The actual mileage of the vehicle, excluding tenths, must be recorded unless the vehicle is model year 2010 or older and at least ten ... If your vehicle is equipped with an odometer capable of reading 999,999 miles, you need only write in the odometer disclosure "the actual mileage shown" on the ... The purchaser must sign the disclosure statement, including printed name and address, and return a copy to the seller. 3. Complete this form in its entirety, in ... The odometer reading must be filled out. If the odometer reading is not accurate to actual miles on the vehicle, that must be noted as well.

Massachusetts Odometer Statement

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