Complete Odometer Disclosure Statement - Transferor | State Mileage and Odometer

Are you in the process of purchasing or selling a vehicle, and need to disclose the odometer reading? Then you need an odometer disclosure statement! At BizzLibrary.com, we have a professionally drafted Odometer Disclosure Statement template that you can download in DOCX format for your convenience.

What is an Odometer Disclosure Statement?

An Odometer Disclosure Statement is a legal document required by state law when buying or selling a vehicle. It provides a written declaration of the vehicle's mileage at the time of transfer, which is essential for calculating the vehicle's resale value and ensuring a fair transaction for both parties involved.

What Information is Included in an Odometer Disclosure Statement?

Our Odometer Disclosure Statement template includes the following information:

• Name and Address of the Transferor (seller) and Transferee (buyer)
• Description of the Vehicle (make, model, year, VIN number, etc.)
• Vehicle Mileage at the Time of Transfer
• Certification by the Transferor that the Mileage Stated is Accurate, or Has Exceeded its Mechanical Limits (if applicable)
• Date of Transfer

Why Do You Need an Odometer Disclosure Statement?

An Odometer Disclosure Statement is required by state law in the majority of states. Providing a false statement or failing to disclose the correct vehicle mileage can result in legal consequences, including fines and penalties. By using our professionally drafted template, you ensure that you provide a complete and accurate Odometer Disclosure Statement, demonstrating your commitment to transparent and honest business practices.

Get Your Odometer Disclosure Statement Template

Whether you are purchasing or selling a vehicle, it's essential to have an Odometer Disclosure Statement in place to protect your interests and comply with state law. Our Odometer Disclosure Statement template is simple to use, with all essential details included. Simply download it in DOCX format and customize it to fit your specific transaction.

Visit BizzLibrary.com to access our wide range of business document templates, including sales agreements, legal contracts, and more. Protect your business and ensure a successful transaction with our high-quality document templates.