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Federal Odometer Disclosure

 

Federal odometer disclosure laws went into effect in 1989, followed by the Florida laws in 1990 (F.S. 319.225).  It took some states 8 years to abide by the federal laws. In order for an odometer reading to be considered a federal odometer disclosure it must contain specific elements. 

 

  • Current odometer reading
  • Date the odometer was read
  • Seller’s certification as to the status of the odometer:
    • Actual
    • In excess of mechanical limits
    • Not actual
  • Seller’s name and address
  • Buyer’s name and address
  • Signature of both buyer and seller
  • Printed name of both buyer and seller
  • Description of the vehicle
    • Make
    • Model
    • Year
    • Body type
    • Vehicle Identification Number

 

 

Images 1 & 2 – Florida Conforming Title

 

  • A title that contains all the elements of a federal odometer disclosure.

 

  • If the title is a conforming title, the reassignment must occur on the title (if there are reassignments available).

 

Image 1

 

Vehicle Information – Year, Make, VIN & Body Type

Seller’s Printed Name & Address

 

Image 2

 

Sections to be completed by the SELLER only as follows:

  1. Purchaser’s Name
  2. Purchaser’s Address
  3. Selling Price
  4. Date Sold

 

Odometer Disclosure, which includes:

 

  1. Choosing 5 or 6 digits
  2. Odometer Reading
  3. Date Read
  4. Choosing a status of Actual, In Excess, or Not Actual
  5. Seller’s Signature
  6. Seller’s Printer Name
  7. Co-Seller’s Signature (as needed)
  8. Co-Seller’s Printed Name (as needed)

 

Sections to be completed by the PURCHASER only as follows:

  1. Purchaser’s Signature
  2. Purchaser’s Printed Name
  3. Co-Purchaser’s Signature (as needed)
  4. Co-Purchaser’s Printed Name (as needed)

 

 

 

Images 3-6 - Non-Conforming Title

 

  • A title that does not contain all the elements of a federal odometer disclosure.

 

  • If the title is non-conforming, and mileage is to be recorded, a separate federal odometer disclosure must accompany the title work.

 

  • Be careful with titles with a revision date prior to 1990.

 

Image 3

 

Front

Image 4

Back

Image 5

 

Transfer of Title by Seller – Non-Conforming

 

  1. Purchaser’s Printed Name
  2. Odometer Reading
  3. Seller’s Signature

 

There is no place for the purchaser to sign

 

 

Common Odometer Errors

 

  • Omission – Any part of a required statement that has been left out.

 

  • Alteration – A strike over, erasure, ink over, white-out or any other method of change to an odometer disclosure.

 

  • Discrepancy – An odometer reading or date appearing on any document submitted that is lower or precedes a previously recorded amount or date

 

 

What transactions require odometer disclosures?

 

  • New car original;
  • Used car original;
  • Transfer;
  • Duplicate;
  • Original salvage certificate of title;
  • Duplicate with transfer;
  • Title reinstatement

 

 

What vehicles are exempt from odometer disclosure?

 

  • Vehicles (2010 and older) that are 10 calendar years old or older as of January 1st.
  • Vehicles (2011 and newer) that are 20 calendar years old or older as of January 1st.
  • Vehicles that are not self-propelled.
  • Vehicles in excess of 16,000 lbs. GVWR.
  • MSO/MCO – Dealer to Dealer swaps.

 

Image 6

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