ODOMETER DISCLOSURE STATEMENT Fremont County Wyoming Form

What is the Wyoming odometer disclosure statement?

The Wyoming odometer disclosure statement is a legal document required when transferring ownership of a motor vehicle. This form serves to disclose the vehicle's mileage at the time of sale, ensuring that the buyer is informed about the exact distance the vehicle has traveled. This disclosure is crucial for preventing odometer fraud, where the mileage may be tampered with to misrepresent the vehicle's condition. In Wyoming, this statement must be completed and signed by both the seller and the buyer to validate the transaction.

Key elements of the Wyoming odometer disclosure statement

The key elements of the Wyoming odometer disclosure statement include:

• Vehicle Information: Details such as make, model, year, and VIN (Vehicle Identification Number).
• Odometer Reading: The exact mileage displayed on the vehicle's odometer at the time of sale.
• Seller and Buyer Information: Names, addresses, and signatures of both parties involved in the transaction.
• Date of Sale: The date when the vehicle is being sold.

These elements ensure that both parties have a clear understanding of the vehicle's condition and history, promoting transparency in the sale process.

Steps to complete the Wyoming odometer disclosure statement

To complete the Wyoming odometer disclosure statement, follow these steps:

1. Gather Vehicle Information: Collect all necessary details about the vehicle, including make, model, year, and VIN.
2. Record Odometer Reading: Accurately note the mileage shown on the odometer at the time of sale.
3. Fill Out the Form: Enter the seller's and buyer's information, including names and addresses, along with the date of sale.
4. Sign the Document: Both the seller and buyer must sign the statement to validate it.

Once completed, this document should be kept with the vehicle's records and may be required for registration purposes.

Legal use of the Wyoming odometer disclosure statement

The Wyoming odometer disclosure statement is legally binding when completed properly. It protects both the seller and buyer by ensuring that the mileage is accurately reported. Failure to provide a valid odometer disclosure can lead to legal repercussions, including penalties for fraud. This form is essential for maintaining transparency in vehicle transactions and is a requirement for registering the vehicle in the new owner's name.

How to obtain the Wyoming odometer disclosure statement

The Wyoming odometer disclosure statement can be obtained through several methods:

• Department of Motor Vehicles (DMV): Visit your local DMV office to request a physical copy of the form.
• Online Resources: Some counties may offer downloadable versions of the form on their official websites.
• Dealerships: If purchasing from a dealership, they typically provide the odometer disclosure statement as part of the sales paperwork.

It is important to ensure that you are using the most current version of the form to comply with state regulations.

Disclosure requirements for the Wyoming odometer disclosure statement

Disclosure requirements for the Wyoming odometer disclosure statement mandate that the seller must provide an accurate odometer reading at the time of sale. This requirement is designed to protect buyers from potential fraud. The seller must also disclose any known issues related to the vehicle's mileage, such as if the odometer has been replaced or if the vehicle has been involved in an accident that could affect its mileage. Ensuring these disclosures are made helps maintain the integrity of the vehicle transaction process.