North Carolina Bill of Sale of Automobile and Odometer Statement Form
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People also ask
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Who fills out an odometer statement?
The transferee, when applying for a title, is required to provide the transferor's (seller's) title, and if that title contains a space for the ( print page 52667) transferor to disclose the vehicle's mileage, that information must be included, and the statement must be signed and dated by the transferor.
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What is an example of an odometer statement?
1. I hereby signNow that, to the best of my knowledge, the above-listed odometer reading reflects the actual mileage of the vehicle described below. 2. I hereby signNow that, to the best of my knowledge, the above-listed odometer reading reflects the amount of mileage in excess of its mechanical limits.
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How can I verify an odometer?
Request a vehicle history report to check for odometer discrepancies in the vehicle's history. If the seller does not have a vehicle history report, use the car's VIN to order a vehicle history report online. If you suspect fraud, contact your state's enforcement agency.
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What paperwork is required when selling a car privately in NC?
The vehicle's original or replacement title. Lien Release, if liens are shown on the vehicle title. Odometer Disclosure Statement form MVR-180, if applicable. signNowd Title Application form MVR-1.
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What is an odometer statement?
An odometer disclosure statement is a legal document that states the accurate mileage on a vehicle's odometer at the time of transfer from the seller to the buyer. If the seller knows that the car's mileage is incorrect, the document must contain that information.
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Is an odometer disclosure statement required in NC?
Federal and State law require that you state the mileage upon transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment.
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Does North Carolina require a bill of sale for a car?
Do you need a vehicle bill of sale form in North Carolina? In the state of North Carolina, a bill of sale is only required when purchasing a vehicle from a dealership. This legal document will officially record the transfer of ownership.
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What is the odometer statement for refinance?
As an alternative, you may also have the option of submitting either a formal statement of mileage like an odometer disclosure form, or submit a photo of your car's odometer, which can simply be taken using your smartphone. Both of these options allow the lender to verify that your car's mileage is accurate.
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