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Federal Odometer Disclosure Statement - eForms
ODOMETER DISCLOSURE STATEMENT Federal and State law require that you state the mileage upon transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment. I, _____ (SELLER’S NAME, PRINT) state …
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www.dot.nd.govOdometer Disclosure Why is an odometer disclosure required? The Truth in Mileage Act (TIMA) is a federal law that requires the seller of a motor vehicle to provide an odometer disclosure to the buyer at the time of sale or transfer of ownership. The buyer must sign in acknowledgment of the mileage disclosure given.