Odometer Disclosure Statement Form - Minnesota

Odometer Disclosure Statement Form - Minnesota

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.

FAQ

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.

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