
Michigan Odometer Statement 2022-2025 Form


What is the odometer mileage statement?
The odometer mileage statement is a crucial document used in the state of Michigan to disclose the mileage of a vehicle at the time of sale or transfer. This statement helps to prevent odometer fraud and ensures that buyers are informed about the vehicle's usage history. It is often required by the Michigan Secretary of State during the registration process. The form typically includes details such as the vehicle identification number (VIN), the current mileage, and the seller's signature, affirming that the information provided is accurate.
Steps to complete the odometer mileage statement
Completing the odometer mileage statement involves a few straightforward steps:
- Obtain the official odometer statement form, often referred to as the BDVR-108.
- Fill in the vehicle identification number (VIN) accurately to avoid discrepancies.
- Provide the current mileage reading from the vehicle's odometer.
- Sign and date the form, confirming that the information is true to the best of your knowledge.
- Ensure that both the seller and buyer retain a copy for their records.
Legal use of the odometer mileage statement
The legal use of the odometer mileage statement is vital in Michigan, as it serves as a formal record of the vehicle's mileage at the time of sale. This document is legally binding, meaning that any false information can lead to serious penalties, including potential legal action. By using a reliable digital platform for completing this form, individuals can ensure that their signatures are secure and that the document complies with the Electronic Signatures in Global and National Commerce (ESIGN) Act, making it valid in a court of law.
Key elements of the odometer mileage statement
Several key elements must be included in the odometer mileage statement to ensure its validity:
- Vehicle Identification Number (VIN): This unique identifier is essential for tracking the vehicle.
- Current Odometer Reading: The mileage must be accurately reported to prevent fraud.
- Seller's Signature: The seller must sign the document, affirming the accuracy of the information.
- Date of Sale: The date when the transaction occurs should be clearly stated.
- Buyer's Information: The buyer's name and address should also be included for record-keeping purposes.
How to obtain the odometer mileage statement
To obtain the odometer mileage statement in Michigan, individuals can visit the Michigan Secretary of State's website or their local branch office. The form is typically available as a downloadable PDF, which can be printed and filled out. Additionally, many online platforms offer digital solutions that allow users to complete and sign the form electronically, ensuring a streamlined process that meets legal requirements.
Form submission methods
The odometer mileage statement can be submitted through various methods, depending on the preferences of the seller and buyer:
- Online Submission: Many users opt for digital platforms that allow for electronic completion and submission of the form.
- Mail: The completed form can be mailed to the appropriate state office for processing.
- In-Person: Individuals can also submit the form directly at a local Secretary of State office.
Quick guide on how to complete odometer disclosure statement michigan
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People also ask odometer mileage statement
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What is a Michigan odometer statement?
A Michigan odometer statement is a legal document that records the mileage of a vehicle at the time of sale or transfer. It helps ensure transparency in vehicle transactions and is required by the Michigan Department of State for titling purposes. Properly filling out and providing this statement helps protect both buyers and sellers from potential fraud.
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airSlate SignNow offers an easy-to-use platform that allows you to create a Michigan odometer statement quickly and efficiently. You can customize the document according to your needs and seamlessly send it for electronic signatures. This digital solution simplifies the process, making it more convenient for both parties involved in the transaction.
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Using airSlate SignNow for your Michigan odometer statement streamlines the document signing process. You can save time and reduce paperwork by digitally gathering signatures, which also enhances security and compliance. Additionally, you can track the status of your documents in real-time, ensuring that everything is completed promptly.
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