Form VSA5 Odometer Disclosure Statement - Virginia

What Is Form VSA5?

This is a legal form that was released by the Virginia Department of Motor Vehicles - a government authority operating within Virginia. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is a VSA5 Odometer Disclosure Statement?
A: The VSA5 Odometer Disclosure Statement is a legal document used in Virginia to disclose the accurate mileage of a used vehicle at the time of sale or transfer.

Q: Why is a VSA5 Odometer Disclosure Statement important?
A: The VSA5 Odometer Disclosure Statement is important because it helps prevent odometer fraud by providing a record of the vehicle's mileage.

Q: Who needs to complete a VSA5 Odometer Disclosure Statement?
A: Both the seller (transferor) and buyer (transferee) of a used vehicle in Virginia need to complete a VSA5 Odometer Disclosure Statement.

Q: What information is required on a VSA5 Odometer Disclosure Statement?
A: A VSA5 Odometer Disclosure Statement requires details such as the vehicle identification number (VIN), date of sale or transfer, and the accurate mileage of the vehicle.

Q: Do I need to notarize a VSA5 Odometer Disclosure Statement?
A: No, a VSA5 Odometer Disclosure Statement does not need to be notarized.

Q: What do I do with a completed VSA5 Odometer Disclosure Statement?
A: Both the seller and buyer should keep a copy of the completed VSA5 Odometer Disclosure Statement for their records. The buyer may need it for titling and registration purposes.

Q: What happens if the mileage on the VSA5 Odometer Disclosure Statement is inaccurate?
A: If the mileage on the VSA5 Odometer Disclosure Statement is inaccurate, it may result in penalties and legal consequences.

Q: Are there any exceptions to using a VSA5 Odometer Disclosure Statement?
A: Yes, there are exceptions for certain types of vehicles, such as motorcycles, mopeds, and trailers, as well as vehicles that are more than 10 years old.