ODOMETER DISCLOSURE STATEMENT Federal Law and State Form
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People also ask
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What happens if a dealer lied about mileage?
If the dealership is rolling back odometers and then selling cars, then yes, this would be a crime. However, it is NOT a crime for a dealership to simply sell a vehicle with documented odometer issues. The odometer disclosure statement must also be filled out for newer model cars. -
What does odometer exempt mean on Florida title?
If the seller knows this number to be inaccurate, he is also required to provide a written disclosure of this fact. If the vehicle is 10 years old or older, however, the seller can simply note that no disclosure is required or write “exempt” in the space for where the odometer disclosure is made. -
Is an odometer disclosure statement required in Washington state?
(1) When is an odometer disclosure statement required? An odometer disclosure statement is required on all transfers of ownership as required by RCW 46.12. 124 and Title 49 of the Code of Federal Regulations (C.F.R.), unless specifically exempted. (2) What odometer disclosure statement forms will the department accept? -
Why is a vehicle exempt from odometer reporting in Florida?
In Florida, in a car that is 10 years old or older, the seller can list “exempt” for mileage on the title. But it is against federal law to roll back the odometer and lie to the consumer. -
What is the federal mileage statement?
Federal and State law 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. -
What is the odometer law in Florida?
Federal and Florida laws exist to protect consumers from odometer fraud. It is a felony to tamper with, adjust, alter, set back, disconnect, or fail to connect the odometer of a motor vehicle to reflect a lower mileage than the vehicle has actually been driven. -
Do federal and state laws require a completed odometer disclosure statement?
Federal and state law 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. -
Is an odometer disclosure statement required in Florida?
SECTION 225Transfer and reassignment forms; odometer disclosure statements. (1) Every certificate of title issued by the department must contain the following statement on its reverse side: “Federal and state law require the completion of the odometer statement set out below.
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