Kings New York Odometer Statement

• Category: Bills of Sale - Automobiles
• State: Multi-State
• County: Kings
• Control #: US-ODM-1
• Format: Word; Rich Text

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. Kings New York Odometer Statement is a legal document used to disclose the accurate mileage of a vehicle at the time of its sale or transfer. It is an essential part of the vehicle's title and registration process, ensuring transparency and preventing fraudulent activities related to odometer tampering. The statement provides crucial information about the vehicle's mileage, such as the odometer reading, the date of the reading, and the previous owner's name and signature. There are various types of Kings New York Odometer Statements, including: 1. Standard Odometer Statement: This is the most common form of the statement used in vehicle transactions. It requires the buyer and seller to provide their personal information, vehicle details, and the vehicle's current mileage. 2. Odometer Disclosure Statement for Used Vehicles: This type of statement is specifically designed for used vehicles and includes additional details such as the vehicle identification number (VIN), make, model, and year of the vehicle. 3. Odometer Disclosure Statement for Leased Vehicles: This statement is utilized when a leased vehicle is being returned or sold. It requires the lessor or the leasing company to accurately disclose the vehicle's mileage to the purchaser or dealer. 4. Odometer Disclosure Statement for Motorcycles: Similar to a standard odometer statement, this specific form is used for motorcycles. It includes sections for the buyer, seller, vehicle information, and the motorcycle's current mileage. 5. Odometer Disclosure Statement for Salvage Vehicles: In the case of salvaged vehicles, where significant repairs or renovations were made, a specialized statement is necessary. It requires detailed information about the vehicle's history, including previous damages, repairs, and estimated mileage before the incident. Completing a Kings New York Odometer Statement is mandatory during every vehicle sale or transfer, ensuring the buyer receives accurate mileage information. It protects both parties involved, preventing odometer fraud and providing legal documentation for future reference. It is important to provide truthful and accurate information on the statement to avoid legal consequences and maintain trust within the automotive community.

Kings New York Odometer Statement is a legal document used to disclose the accurate mileage of a vehicle at the time of its sale or transfer. It is an essential part of the vehicle's title and registration process, ensuring transparency and preventing fraudulent activities related to odometer tampering. The statement provides crucial information about the vehicle's mileage, such as the odometer reading, the date of the reading, and the previous owner's name and signature. There are various types of Kings New York Odometer Statements, including: 1. Standard Odometer Statement: This is the most common form of the statement used in vehicle transactions. It requires the buyer and seller to provide their personal information, vehicle details, and the vehicle's current mileage. 2. Odometer Disclosure Statement for Used Vehicles: This type of statement is specifically designed for used vehicles and includes additional details such as the vehicle identification number (VIN), make, model, and year of the vehicle. 3. Odometer Disclosure Statement for Leased Vehicles: This statement is utilized when a leased vehicle is being returned or sold. It requires the lessor or the leasing company to accurately disclose the vehicle's mileage to the purchaser or dealer. 4. Odometer Disclosure Statement for Motorcycles: Similar to a standard odometer statement, this specific form is used for motorcycles. It includes sections for the buyer, seller, vehicle information, and the motorcycle's current mileage. 5. Odometer Disclosure Statement for Salvage Vehicles: In the case of salvaged vehicles, where significant repairs or renovations were made, a specialized statement is necessary. It requires detailed information about the vehicle's history, including previous damages, repairs, and estimated mileage before the incident. Completing a Kings New York Odometer Statement is mandatory during every vehicle sale or transfer, ensuring the buyer receives accurate mileage information. It protects both parties involved, preventing odometer fraud and providing legal documentation for future reference. It is important to provide truthful and accurate information on the statement to avoid legal consequences and maintain trust within the automotive community.