
Mvt 5 5 Alabama Form


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People also ask
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What is the Federal Truth in mileage Act of 1986?
The Federal Truth in Mileage Act (1986) requires the California DMV to collect and validate the odometer reading for most motor vehicles upon initial registration and registered owner transfers. Odometer mileage readings are mandatory when the vehicle is initially registered or when transfer ownership occurs.
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What is the Federal Truth in Mileage Act?
The Federal Truth in Mileage Act (1986) requires the California DMV to collect and validate the odometer reading for most motor vehicles upon initial registration and registered owner transfers. Odometer mileage readings are mandatory when the vehicle is initially registered or when transfer ownership occurs.
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What is Alabama Department of Revenue motor vehicle Division?
About the Division Motor Vehicle issues vehicle titles, maintains vehicle records, administers the Mandatory Liability Insurance law, issues motor vehicle regulatory licenses, and administers the International Registration Plan (IRP) and International Fuel Tax Agreement (IFTA) programs.
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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 exempt from mileage in Alabama?
The provisions of this disclosure statement shall not apply to a vehicle that is Exempt from mileage disclosure - this includes: (a) A vehicle that is 10 model years old or older. (b) A vehicle that has a Gross Vehicle Weight Rating (GVWR) of more than 16,000 lbs.
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What is the federal guideline for mileage reimbursement?
The standard mileage rate for transportation or travel expenses is 67 cents per mile for all miles of business use (business standard mileage rate).
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