
Ky Odometer Form


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People also ask
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What is a warning odometer discrepancy?
The mileage discrepancy refers to misrepresenting the mileage of the automobile. The odometer discrepancy has to emphasize the unreliability of the odometer tool in terms of counting and reading the mileage but in most cases, these two terms are used interchangeably.
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What does odometer date mean?
The date the odometer is certified. The vehicle's year, make, model number. The Vehicle Identification Number (VIN) The accurate mileage at the time of the date of odometer certification.
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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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How do you check an odometer?
To read the odometer accurately, first look at the instrument cluster to find where it is located, then look at the digital display ( LED or LCD screens). Miles are presented in numeric digits. For example, if the screen shows 95123, it means that the total miles driven are 95,123 miles or kilometers.
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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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What is a federal odometer statement in Arkansas?
The purpose of a Federal Odometer Statement in Arkansas is to provide documentation of the odometer reading of the motor vehicle at the time of transfer of ownership. The statement is used to protect both buyers and sellers from potential odometer fraud.
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What is a federal odometer statement?
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 result in fines and/or imprisonment.
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What is the federal odometer rule?
Committing odometer fraud is a crime. The federal government passed a law that requires a written disclosure of the mileage registered on an odometer be provided on the title by the seller to the purchaser when the ownership of a vehicle is transferred.
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