The Odometer Disclosure Statement Form in South Carolina is used to disclose the accurate mileage of a vehicle during a transfer of ownership. It ensures that buyers are aware of the actual mileage on the vehicle at the time of purchase.
In South Carolina, the seller of a motor vehicle is responsible for filing the Odometer Disclosure Statement form.
Q: What is an Odometer Disclosure Statement Form?
A: An Odometer Disclosure Statement Form is a document used to report the mileage of a vehicle at the time of transfer.
Q: Why is an Odometer Disclosure Statement Form required?
A: An Odometer Disclosure Statement Form is required to prevent odometer fraud and ensure accurate mileage recording during vehicle transfers.
Q: Who needs to complete the Odometer Disclosure Statement Form?
A: Both the seller and buyer of a vehicle in South Carolina need to complete the Odometer Disclosure Statement Form.
Q: When should the Odometer Disclosure Statement Form be completed?
A: The Odometer Disclosure Statement Form should be completed at the time of vehicle transfer or sale.
Q: What information is required in the Odometer Disclosure Statement Form?
A: The Odometer Disclosure Statement Form requires the vehicle's mileage, VIN (Vehicle Identification Number), buyer and seller information, and signatures of both parties.
Q: Are there any penalties for not completing the Odometer Disclosure Statement Form?
A: Yes, failure to complete the Odometer Disclosure Statement Form accurately and in a timely manner may result in fines and penalties.
Q: Is the Odometer Disclosure Statement Form required for all vehicle transfers in South Carolina?
A: Yes, the Odometer Disclosure Statement Form is required for all vehicle transfers in South Carolina, including sales, gifts, and trades.