The Odometer Disclosure Statement Form in Minnesota is used to declare the accurate mileage of a vehicle being sold or transferred.
In Minnesota, the seller of a motor vehicle typically files the Odometer Disclosure Statement form.
Q: What is an Odometer Disclosure Statement?
A: An Odometer Disclosure Statement is a form used to record the mileage on a vehicle at the time of sale or transfer.
Q: Why is an Odometer Disclosure Statement important?
A: An Odometer Disclosure Statement is important because it helps protect buyers from odometer fraud by providing an accurate record of the mileage on a vehicle.
Q: Who needs to complete an Odometer Disclosure Statement?
A: Both the seller and buyer of a vehicle need to complete an Odometer Disclosure Statement.
Q: When should an Odometer Disclosure Statement be completed?
A: An Odometer Disclosure Statement should be completed at the time of sale or transfer of a vehicle.
Q: Are there any exceptions to the requirement of an Odometer Disclosure Statement?
A: Yes, there are some exceptions, such as vehicles older than 10 model years, vehicles with a gross vehicle weight rating over 16,000 pounds, and some other specific circumstances. Check with the Minnesota Department of Public Safety for more information.
Q: What happens if an Odometer Disclosure Statement is not completed?
A: Failure to complete an Odometer Disclosure Statement can result in penalties and legal consequences.
Q: Can the mileage on an Odometer Disclosure Statement be altered?
A: No, altering the mileage on an Odometer Disclosure Statement is illegal and can result in criminal charges.
Q: Is an Odometer Disclosure Statement required for private sales?
A: Yes, an Odometer Disclosure Statement is required for both private sales and sales through a dealership.
Q: Can I use an Odometer Disclosure Statement from another state?
A: No, you need to use the specific Odometer Disclosure Statement form provided by the Minnesota Department of Public Safety.