Odometer disclosure statement nc. 12/20) North Carolina Division of Motor Vehicles . Odometer disclosure statement nc

 
 12/20) North Carolina Division of Motor Vehicles Odometer disclosure statement nc 6 (a) (2) through (8) are re-designated as § 580

Seller guarantees that the property is his/her own and is free of all claims and offsets of any kind. New Mexico: Form MVD 10187 - Odometer Disclosure Statement New York: Form MV-103 - Odometer and Damage Disclosure Statement North Carolina: Form MVR-180 - Odometer Disclosure Statement North Dakota: Multiple forms can be used. In addition you will also need to provide the following documents to a NC DMV office to transfer the title: A Title Application (Form MVR-1). In the Default of North Carolina the following type models are exempt from odometer disclosure requirements: all vehicles model year 2010 button older, all vehicles with ampere registered weight about 16,000 pounds, non-motorized wheel (trailer-type), low-speed vehicles (LSV), scooters, and mopeds. NORTH CAROLINA To my knowledge, the vehicle described. Fayetteville North Carolina Bill of Sale of Automobile and Odometer Statement for As-Is Sale Select a sample and get it in a convenient file format for you. The buyer may also request a bill of sale that includes your name, date of sale, and sales price. Use the US Legal Forms catalogue and acquire any record sample you want in a few clicks. Sign it in a few clicks. Box 183581 | Arlington,. Step 2: After you've entered the editing page notarized odometer. Sign it in a few clicks. When selling a car in the state of North Carolina, you will either complete the purchaser information on the back of your current North Carolina title --- if you are a private owner of a used vehicle --- or provide a titling document to the new buyer, if you are a dealer. This Bill of Sale of Automobile contains the following information: the make/model of the car, VIN number and other information. Failure to complete or providing a false statement may result in fines and/or imprisonment. Export the file you need to your device or the cloud and print it over and over again. Place your electronic signature to the page. Any false statement or information contained in this affidavit may subject you to prosecution for the felony of perjury, N. The federal odometer law states that all vehicles weighing less than 16,000 pounds and under 10 years old require an odometer disclosure statement to be certified at the time of purchase. Failure to complete or providing a false statement may result in fines and/or. Model Year 2010 and older vehicles will continue to be exempt from federal odometer disclosure requirements. A standard odometer disclosure statement includes the car’s make, model, year, and VIN. The document serves as proof of purchase and outlines the precise details of the transaction. S. 050 Replacement or Conversion of an Odometer 5. , Rm. Company: Four Wheel Trends;. Submit Search. Fill Out The Damage Disclosure Statement - North Carolina Online And Print It Out For Free. It is important for verifying the accuracy of the vehicle's mileage during a sale or transfer. The legal process of selling a car in Oklahoma involves transferring ownership of the vehicle from the seller to the buyer. This form serves an essential purpose in documenting the accurate mileage of a motor vehicle during the transfer of ownership. Box 017 . Federal and State laws require all dealers to disclose any type of odometer discrepancy to all future buyers before the sale. Proof of car. odometer mileage must be included on the odometer disclosure statement for 20 years before it becomes exempt. The seller(s) guarantees that the automobile is his/her/their property and is free of all claims and offsets of any kind. In the State of Missouri when you transfer your vehicle you have to complete the odometer disclosure statement on the back of the vehicle’s Certificate of title in the Assignment section. So here complete first the Years, Make, Body mode (type), Model, and VIN Number. North Carolina Motor Vehicle Bill of SaleSouth Carolina Odometer Disclosure Statement Form. To do this, many state motor vehicle agencies provide a form called the Odometer Disclosure Statement. How to Edit Odometer Statement Mvr 180 Online for Free. 49 CFR §§ 580. The term "odometer" means an instrument for measuring and recording the actual distance a motor vehicle travels while in operation; but shall not include any auxiliary odometer. For motor vehicles manufactured in or after the 2011 model year that are 20 model years old or newer, the seller must complete the odometer disclosure statement on the back of the title certificate. To accommodate older vehicles, the Final Rule will require odometer. Proof of insurance that meets the minimum requirements. odometer disclosure statement nc. 02. Satisfaction, Release or Cancellation of Mortgage by Corporation - Alabama. For vehicles that are less than 20 years old, a written and signed odometer disclosure statement is required of the seller in order to transfer ownership. Download a fillable PDF of the NC DMV form for odometer disclosure statement, a legal document required by federal and state law for the transfer of ownership of a vehicle. An odometer disclosure statement is required to be attached to a vehicle bill of sale at the time of purchase for all vehicles below 16000 pounds and under 10 years of age when is an odometer disclosure statement needed according to both federal and state laws all 50 states require the disclosure to be filed in order for the buyer to transfer the vehicle into their name some states accept a. Oklahoma: Form 729. , the National Highway Traffic Safety Administration’s (NHTSA) odometer disclosure requirements were updated in December 2020 impacting certain private vehicle sales in North Carolina: For a vehicle transfer that occurs from January 1, 2021 through. Sign over Certificate of Title and Odometer Disclosure statement u2013 keep copies of both. Remove the routine and create papers on the internet!Updated June 2, 2023. Box 183581 | Arlington, TX 76096-3581 Account: _____ If you are purchasing from or returning to a dealership: If you are purchasing the vehicle from GM Financial : 1. The first section inclusive the drive information see. Most states have an Odometer Disclosure Statement that will allow you to report any type of odometer discrepancy. The North Carolina DMV has outlined the requirements on its website. (1) Every certificate of title issued by the department must contain the following statement on its reverse side: “Federal and state law require the completion of the odometer statement set out below. 47E, requires the seller of residential real estate (one to four dwelling units) to complete a form—known formally as the Residential Property and Owners' Association Disclosure Statement—disclosing conditions and defects with the property. So here complete first the Year, Make, Body style (type), Model, and VIN Number. Connec S Fin˜nc Comp˜ny U Itifier CNS7 LEASED VEHICLE ODOMETER DISCLOSURE NOTICE AND STATEMENT P. 055 Springfield, IL 62756 Federal and state laws require that you state the mileage in a transfer of ownership. (3) With a registered weight of more than 16,000 lbs. F. Registering by MailOdometer disclosure statement in NC - Download as a PDF or view online for free. Vermont Department of Motor Vehicles 120 State Street Montpelier, VT 05603-0001. Damage Disclosure Statement. The statement certifies the odometer reading at the time of the sale and must be signed by both the buyer and seller. North Carolyn Odometer Disclosure Statement Form Underneath you cand find details about the North Carolina state-approved fillable PDF form MVR-180 for your. Form Odometer, also known as the Odometer Disclosure Statement, is a legal document used to report the mileage reading of a vehicle at the time of its sale or transfer. MVR-10 Duplicate Registration Tag. An Odometer Disclosure Statement if the motorcycle is less than 10 years old; A Damage. 20-347(d) provides that the disclosure is not required for vehicles that are 10 years old or older. Provide the current odometer reading accurately, without including any tenths of a mile. Odometer disclosure record retention. We'll mail it to you within 2 business days. Print MISSOURI DEPARTMENT OF REVENUE MOTOR VEHICLE BUREAU FORM ODOMETER DISCLOSURE STATEMENT INSTRUCTIONS ON REVERSE YEAR MAKE TITLE NUMBER REV. North Carolina: Form MVR-180:If you’re selling or buying a vehicle in North Carolina, you need to do a title transfer at the DMV or by mail before you can register the vehicle. This is needed for the NC (North Carolina) vehicle registration process in order to complete the certificate of title transfer. 025 Disclosure Requirements 5. Below it will learn methods to complete this form: Agency SectionOS/SS-2 (R8/15) P. Charlotte North Carolina Bill of Sale of Automobile and Odometer Statement for As-Is Sale Save time looking for the appropriate form and use the US Legal electronic library. If you’re. A lien release IF any liens are listed on the title. Titles typically are necessary for licensing your vehicle. ( NOTE: Do not write in tenths of miles . R. Odometer disclosure statement in NC. 4-4. Votes. Form Mvr-181 Is Often Used In North Carolina Department Of Transportation, North Carolina Legal Forms, Legal And United States Legal Forms. Make sure the North Carolina Bill of Sale of Automobile and Odometer Statement is eligible for use in your state. The North Carolina Odometer Disclosure Statement Guss MVR-180 is written of four sections. 040 Leased Vehicles 5. Distribute instantly towards the recipient. Specific information about the automobile being sold: make/model of the vehicle, VIN number, etc. Take this form with you to the GM dealership. Type text, add images, blackout confidential details, add comments, highlights and more. odometer disclosure statement pdf. The bill of sale (for cars purchased from dealers). For private party sales by the: Registered owner (seller) on the front of the title. Affidavit of Non-Residency (VP 198) To register vehicles which were purchased in Nevada, taken out-of-state and then returned to Nevada. ALTERATIONS OR ERASURES VOID THIS FORM Download Fillable Form Mvr-180 In Pdf - The Latest Version Applicable For 2023. Provide the buyer with documentation relevant to the car, such as the odometer disclosure. Application for a Registration Plate or Plate Transfer (MVR-330) For initial registration or transfer of license plate Gross Receipt Declaration (MVR-608) 01. Log in with your credentials or register a free account to try the service prior to choosing the subscription. MVR-180 - MVR180. Failure to complete. In the State of North Carolina you may required to finish also the North Carolina Odometer Disclosure Statement Form – Form MVR-180 (Rev. The North Carolina Odometer Disclosure Statement Form MVR-180 a composed of four pieces. Raleigh, NC 27609. 1. Because odometer disclosure is not required for vessels, the REG 262 or Bill of Sale (REG 135) form may be used when a bill of sale is needed. Dealers and distributors of motor vehicles who are required by this Part to execute an odometer disclosure statement shall retain, for five years, a photostat, carbon, or other facsimile. G. A Damage Disclosure Statement (Form MVR-181) A lien release (if any liens are listed on the vehicle title) An Odometer Disclosure Statement (Form MVR-180). Down your will learn how to complete this application: Vehicle SectionWake North Carolina Odometer Statement. 03. Odometer Disclosure Statement Federal law ( 49 U. National Highway Traffic Safety Administration (NHTSA) Tenn. MVR-18A License Plate Turn in Verification. The Ne Carolina Odometer Disclosure Statement Form MVR-180 is composed of four sections. 11. North Carolina Kilometer Information Statement Form. DESCRIPTION AND DEFINITIONS: “Truth in Mileage Act” or TIMA. 4-4. Bring proof of ID, proof of insurance, the vehicle title, and. Odometer brands on vehicle titles may show up when at some point the vehicle’s odometer reading is known or suspected to not be the vehicle’s true mileage, due to tampering. Disclosure that the actual mileage is unknown, if the transferor knows that the odometer reading is different from the number of miles the vehicle has actually traveled. The bill of sale also states that the automobile is sold as-is without any warranties, express or implied. 124 and Title 49 of the Code of Federal Regulations (C. Odometer Disclosure Statement (MVR-180) 12/9/2020 5:21 PM: Kim Buttry: MVR-180 (Rev. North Carolina Odometer Disclosure Statement Form Below you will find details about the state-approved fillable PDF form MVR-180 for your use. Step 1: Discover the button "Get Form Here" and then click it. D. An odometer brand is what briefly explains the circumstances that can support whatever the owner of the car placed on the odometer disclosure statement. Fill in the vehicle information section, including the make, model, year, and vehicle identification number (VIN). Download a fillable PDF of the NC DMV form for odometer disclosure statement, a legal document required by federal and state law for the transfer of ownership of a vehicle. MVR-180 Odometer Disclosure Statement. Odometer disclosure record retention. North Carolina Real Estate. Raleigh, NC. Below you will learn how on complete this form: Type SectionWithout a notarized odometer statement, the sale of the vehicle can’t be finalized, the seller can’t give away the ownership of the vehicle, and the buyer can’t rightfully purchase it. ODOMETER DISCLOSURE. North Carolina Odometer Disclosure Statement Form. (a) Requires the transferor of a motor vehicle transferred, rather than the seller of a motor vehicle sold, in this state, except as provided by Subsection (c), to provide to the transferee, rather than buyer, a disclosure of the vehicle's odometer reading at the time of the transfer in compliance with 49 U. Damage disclosure statement; Drivers license or ID; NC License Plates. We use cookies to improve security, personalize the user experience, enhance our marketing activities. Download and edit it on your device or complete it on the web using US Legal Forms efficient integrations with advanced PDF modifying and eSignature services. So hierher complete first of Date, Make, Body style (type), Model, and VIN Number. mvr-618. Under the old odometer disclosure requirements, a 2011 vehicle would have become exempt from disclosure in 2021. This means a 2011 model year vehicle will not become exempt from odometer disclosure until the vehicle is 20 years old, which will be January 1, 2031. u201d It's the certificate that proves you own the car. FM-30 Individual Permanent Assignment of. § 20-347. 015 Court Actions 5. North Carlisle Odometer Disclosure Statement Form. Below you becomes learn how to comprehensive this form: Vehicle Section. lessee information lessee’s name:Odometer Disclosure Statement - DPSMV1606 Author: lirobison Created Date: 11/18/2003 10:15:29 AM. Learn about the odometer disclosure statement (MVR-180) required for titling a vehicle in North Carolina, based on the situation of the vehicle and the owner. odometer disclosure form. S. C. If you don’t have the vehicle’s title, you can apply for a duplicate NC vehicle title. North Carolina vehicle insurance information. 03. Proof of ownership (see page 3). File. 02. Follow this simple guide to redact Odometer disclosure statement maryland in PDF format online free of charge: Register and sign in. S. This form is widely used by the owners of vehicles registered in North Carolina. MVR-180 (REV. Northwest Carolina Odometer Disclosure Statement – NC. The federal odometer law states that all vehicles weighing less than 16,000 pounds and under 10 years old require an odometer disclosure statement to be certified at the time of purchase. nc bill of sale pdf nc bill of sale with notary bill of sale north carolina free nc bill of sale odometer disclosure statement nc nc vehicle bill of sale as is no warranty nc dmv lost title form. on from the borrower who was in default of a security contract dated . S. Add a document. Type text, add images, blackout confidential details, add comments, highlights and more. In connection with the transfer of ownership of the leased motor vehicle, the lessee shall furnish to the lessor a written statement signed by the lessee containing the following information: (1) The printed name of the person making the disclosure; (2) The current odometer reading (not to include tenths of miles); (3) The date of the statement;Odometer Disclosure Statement Note: Because the Odometer Disclosure Statement form is printed on tamperproof paper, it's not available online and we can't fax or email one to you. An Odometer Disclosure Statement (MVR-180), signed by you and the buyer, if the vehicle is less than 10 years old. Bitte understand that an inaccurate statement, or failure to total an odometer statement, may result in fines and/or arrest. Section 39-14-132. ODOMETER DISCLOSURE STATEMENT. 1. Contact Us. dmv. Who law needs to state. North Carolina Seller Disclosure. You maybe use this form to. We recommend that you complete this generic federal Odometer Disclosure Statement Form in addition to the state required title, separate form. You will need to fill out the title in the presence of a notary public. Feel free to use 3 available options; typing, drawing, or capturing one. North Carolina Bill of Sale of Motor Vehicle / Automobile (Sold "As Is" Without Warranty) Instant Download - Only $9. (1) the odometer reading reflects the actual mileage of the vehicle described below. when an odometer disclosure statement and acknowledgement between the buyer and the seller is required, but no odometer disclosure statement has been made on another state or federal form. The Vehicle/Vessel Transfer and Reassignment (REG 262) form serves as a bill of sale, power of attorney, and odometer disclosure. Satisfied. Phone (919) 526-0419. File a Notice of Vehicle Sold form with MVD. This means that a notary of the public must. A separate Odometer Disclosure Statement is included with the bill of sale. You can’t legally complete the sale of a vehicle in Alabama with an odometer disclosure statement specific to Georgia. Click on New Document and select the file importing option: upload Pa odometer statement from your device, the cloud, or a protected link. Under you will learn how to comprehensive this form: Vehicle Section. Odometer Disclosure Statement (MVR-180) Title Application Form (MVR-1) Emission & Safety Inspection. The MVR 180 document is known as the North Carolina odometer disclosure statement. A “not actual mileage” brand on a vehicle’s title means the exact mileage of the vehicle is unknown. O. Current maintenance and vehicle records. Private Plate Request. Chapter 5 Odometer Mileage Reporting 5. 124 and Title 49 of the Code of Federal Regulations (C. Click on New Document and select the file importing option: upload Odometer. I, _____ (SELLER’S NAME, PRINT) state that the odometer now reads _____ miles (NO TENTHS) and to the best of my. 2032 2013 & newer . Odometer Disclosure . 5 years. Sellers cannot keep the plates or give them to the buyer. A Damage Disclosure Statement (MVR-181) is required. The odometer. Odometer Disclosure Statement (MVR-180) 12/9/2020 5:21 PM: Kim. Check each field has been filled in properly. Where do I get an odometer disclosure statement?. The nc mvr180 completing course of action is easy. Once this brand is added to a vehicle title, it can never be removed. 01-2021) Federal law (and State law, if applicable) requires that you state the mileage . TxDMV is aware that not all states implemented the. Save on attorneys drafting your legal documentation and take advantage of US Legal Forms, the most extensive online collection of expertly-prepared, state-specific legal forms available in PDF or DOCX format. You can locate more about this below. Instructions and help about odometer disclosure statement nc. 11 Year Winner in all Categories: Forms, Features, Customer ServiceSELLER’S CORRECTED DISCLOSURE . Type text, add images, blackout confidential details, add comments, highlights and more. Number and Street Address. South Carolina Odometer Disclosure Statement. Odometer Disclosure Statement RV-F1317001 (Rev. Odometer disclosure statement in NC - Download as a PDF or view online for free. If available, read the description and use the Preview option well before downloading the templates. An odometer disclosure statement is a required attachment to a vehicle bill of sale at the time of purchase for all. Below you cand find details about the North Carolina state-approved fillable PDF form MVR-180 for your use. C. Call 360. Sign it in a few clicks. Number and Street Address. 1. Check the appropriate box on the Certificate of Title and the Odometer Disclosure Statement, if applicable. 01. 17 (3) currently exempts any vehicle which is more than 10 years old from the odometer disclosure requirements. Share your form with others. Change state. Does NC require odometer disclosure statement? Odometer Disclosure Statement (MVR-180): Seller shall disclose the mileage to the buyer in writing on the application with signatures and hand printed name. for Alabama. Disclosure requirements. The Texas Department of Motor Vehicles provides the information. Create a free account, set a strong password, and go through email verification to start working on your templates. The fee is $56 to transfer a title, plus the base registration fee of $38. (2) A vehicle that is not self-propelled. The Odometer Disclosure Statement Form in South Carolina is used to disclose the accurate mileage of a vehicle during a transfer of ownership. [ 4] Because of this, NHTSA is proposing to raise this exemption to 25 years. Take this form with you to the GM dealership. Beginning January 1, 2021, federal regulations require the odometer disclosure for a vehicle any time itThe odometer disclosure statement is a federal law that applies to every state. An Odometer Disclosure Statement is a legally binding document that provides an accurate mileage on the odometer at the time the car changes hands from the seller to the purchaser. odometer mileage must be included on the odometer disclosure statement for 20 years before it becomes exempt. (only for residents of Iowa, Minnesota, New York and North Carolina) If the title has been released and the payoff party needs a duplicate, they can request one. You can fill out this form on the phone, tablet, on the computer or by hand using a pen. Download form. 20-347. Get a subscription to download and complete them anytime effortlessly. 2033. North Carolina Odometer Dissemination Statement Form. 1. Upload. Odometer fraud is the disconnection, resetting or alteration of a vehicle’s odometer with the intent to change the number of miles indicated. Odometer Disclosure Statement. 6 to “Additional Requirements for Electronic Odometer Disclosures” to add clarity and precision. They shall retain all Motor Vehicles. Lien release, if applicable. Back Close. What documents do I need to privately sell a car in North Carolina? A valid and current proof of identification. Note: The Motor Vehicle Division is not responsible for false or fraudulent odometer statements made in connection with transfer of ownership or held liable for recording errors. Report. a. ODOMETER DISCLOSURE STATEMENT. If a car is exempt from the odometer disclosure statement, “Exempt” may be listed on the title. NOTICE TO SELLER: STATE LAW REQUIRES THAT EVERY SELLER DISCLOSE TO THE BUYER IF HE/SHE KNOWS THE INFORMATION LISTED BELOW. 030 Errors in Reporting Odometer Mileage 5. However, when you are talking about a vehicle that was manufactured from 2011 onwards, the requirement for exemption is 20 years. NORTH CAROLINA To my knowledge, the vehicle described. 12/20) North Carolina Division of Motor Vehicles . Edit your illinois odometer statement online. Odometer Mileage Disclosure Statements . The following applies to registered owner transfers requiring odometer disclosure: If the Title Document Is. F. Alterations or erasures void this form. In this situation, the following brand will appear on the face of the Missouri Certificate of Title and any subsequent title. This form is a bill of sale of an automobile. To the best of my knowledge, this vehicle ☐ HAS ☐ HAS NOT (Check One) sustained damage, exclusive of any costs to repair, replace or reinstall air bags and other components that were replaced due to deployment of air bags, in excess of 70% actual cash value. O. O. vermont. Box 183581 | Arlington, TX 76096-3581 Account: _____ If you are purchasing from or returning to a dealership: If you are purchasing the vehicle from GM Financial : 1. Odometer disclosure statement in NC. When you sell or buy a motor vehicle model year 2011 or newer and below 16,000 pounds, you have to include the current odometer mileage reading on the state-approved Odometer Disclosure Statement form. Notarization. 12:03 Jun 27, 2015. The average age of the United States vehicle fleet has been trending upward and recently reached 11. This exemption is no longer in compliance with federal requirements. To change names on a title, North Carolina requires an actual, original title, with information about the original owner and the recipient. Contact your nearest License + Theft Bureau Office of the North Carolina Division of Motor Vehicles or call them at 919-861-3143. The title will be issued and mailed to the owner or if a lien is declared, to the lienholder. As the seller, you will be responsible for a number steps, including: Assigning and notarizing the vehicle's Oklahoma certificate of title. 92-003 - Odometer Disclosure Requirements. 5/89) ODOMETER DISCLOSURE STATEMENT Federal and State law require that you state the mileage upon transfer of ownership. An Odometer Disclosure Statement if the motorcycle is less than 10 years old; A Damage. Click Done to confirm the adjustments. Wilmington North Carolina Bill of Sale of Automobile and Odometer Statement Browse the largest web catalogue of legally binding templates for private and company needs to get the one you're trying to find. Code § 32705 ) requires a bill of sale to include a verifying statement about the mileage of the vehicle. Transferor’s printed name. Winston–Salem North Carolina Bill of Sale of Automobile and Odometer Statement for As-Is Sale Take full advantage of our extensive internet form library to make sure you always can get actual samples that are ready for downloading, completing, and signing. Downloadable and printable forms. 2. PDF Word. Tags. 04. Help prevent mileage tampering and preserve the actual retail value of the vehicle when. Final fill in. In the State of North Carolines you may need go complete also the North Carolina Odometer Disclosure Statement Form – Form MVR-180 (Rev. The North Carolina Odometer Disclosure Statement Form MVR-180 is composed of four sections. Step 2: Now you are capable of edit nc mvr180. Failing to complete or providing a false statement may result in fines and/or . Odometer Certification for Emission Exemption (EC 018) To claim the emission inspection Exemption for vehicles registered as a Classic Rod or Classic Vehicle. 12/20) North Carolina Division of Motor Vehicles . In a private sale of a car, the transfer of ownership should be completed on the vehicle's. Our PDF editor makes it simple to create forms. 20-347. However, a seller might not disclose a known problem. In the State of Northbound Karolina you may need to complete furthermore the North Carolina Odometer Disclosure Statement Form – Form MVR-180 (Rev. Updated June 1, 2023. However, vehicles ten. Our PDF editor enables you to work with any PDF file. Mileage will have a major effect on the value of a vehicle—high mileage motor vehicles cost much less than similar vehicles with fewer miles. when a form hsmv 82994, motor vehicle. A new REG 262 for the odometer disclosure is required with a Statement of Facts (REG 256) form explaining why a separate odometer disclosure is attached. Date of delivery and sale. Updated November 12, 2023. 6 (a) (2) through (8) are re-designated as § 580. Enter the car’s 17-digit identification number (VIN) and Zip code. Odometer disclosure statement (Form MVR-180) Damage disclosure statement (Form MVR-181) The final rule similarly changes the heading for § 580. The Vehicle/Vessel Transfer and Reassignment (REG 262) form serves as a bill of sale, power of attorney, and odometer disclosure. North Carolina Division of Motor Vehicles . 665 Odometer disclosure statement required— Exemptions. To the best of my knowledge, this vehicle ☐ HAS ☐ HAS NOT (Check One) sustained damage, exclusive of any costs to repair, replace or reinstall air bags and other components that were replaced due to deployment of air bags, in excess of 70% actual cash value. Then, make sure you understand the purpose of an odometer disclosure statement. Section 3 - Odometer Disclosure Federal and State law require that you furnish to the transferee a written odometer disclosure statement upon transfer of ownership. Sign it in a few clicks. The Texas Department of Motor Vehicles provides the information. The North Carolina vehicle registration process is important because it is a safety measure for the car owner and their cars and other drivers. An odometer disclosure statement is a legal form that states that the odometer reading is accurate.