Complete Odometer Disclosure Statement for Seller - Vehicle Mileage Disclosure

Are you in the process of selling a vehicle? If so, you'll need to provide an Odometer Disclosure Statement, also known as an ODS, in many states. At BizzLibrary.com, we offer a comprehensive Odometer Disclosure Statement document to make the process simple and straightforward. Our template outlines the mileage and disclosure requirements for both sellers and buyers to ensure a smooth and legal transaction.

What is an Odometer Disclosure Statement?

An Odometer Disclosure Statement is a legal statement that provides information about the mileages of a vehicle during the course of its lifetime. It is used to protect both the seller and buyer of a vehicle. As a seller, you are required to disclose the vehicle's mileage to the buyer. The ODS serves as proof of the accuracy of the mileage as of the date of the sale.

Why is an Odometer Disclosure Statement Important?

An Odometer Disclosure Statement is important because it provides transparency and reliability about the history of the vehicle's mileage. Buyers rely on this information to determine the true value and condition of the vehicle and to prevent fraud or misrepresentation of the mileage.

What is Included in Our Odometer Disclosure Statement?

Our Odometer Disclosure Statement is a legally binding document that contains the following information:

• The seller's name and address
• The buyer's name and address
• The make, model, year, and the vehicle identification number (VIN) of the vehicle being sold
• The date of the sale
• The current odometer reading at the time of the sale
• A statement of disclosure by the seller, certifying that the reported mileage is accurate to the best of their knowledge and that the vehicle's odometer has not been tampered with

Get Your Odometer Disclosure Statement Template

Ensure a smooth and legal vehicle sale by accurately disclosing the mileage of the vehicle. Download our professionally drafted Odometer Disclosure Statement template in PDF format and stay compliant with your state's requirements. It's quick, easy, and a small investment to eliminate any potential disputes down the road.

Visit BizzLibrary.com now to access a wide range of business document templates, including legal contracts, sales agreements, and more. Simplify your business processes with our easy-to-use templates today!