Fill Out a Valid Texas Odometer Statement Form Fill Out Your Document

Fill Out a Valid Texas Odometer Statement Form

The Texas Odometer Statement form, officially known as VTR-40, is a crucial document required during the transfer of vehicle ownership. It serves to disclose the vehicle's mileage, ensuring that both sellers and buyers are aware of the odometer reading, which must be accurate to comply with federal and state laws. Neglecting to fill out this form correctly can lead to serious legal consequences, including fines or imprisonment, so it's essential to complete it with care.

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Table of Contents

Form Overview

Fact Name Details
Form Name The form is called the Odometer Disclosure Statement, designated as VTR-40.
Governing Laws This form is governed by federal and state laws, specifically Texas Transportation Code, §501.155.
Purpose It is required to disclose the vehicle's mileage during the transfer of ownership.
Consequences of False Information Providing false information can lead to fines and/or imprisonment.
Usage Restrictions This form cannot be used with title transfer documents that meet federal and state odometer disclosure requirements.
Certification Requirement The seller or agent must certify the accuracy of the odometer reading to the best of their knowledge.
Download Texas Odometer Statement PDF Form

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Documents used along the form

When transferring ownership of a vehicle in Texas, several important documents are often used alongside the Texas Odometer Statement form. Each of these documents serves a specific purpose in ensuring a smooth and legal transaction. Here’s a brief overview of some of the key forms you may encounter.

  • Texas Certificate of Title: This is the primary document that proves ownership of a vehicle. It includes essential details such as the vehicle’s make, model, and Vehicle Identification Number (VIN). When selling or buying a car, this title must be transferred from the seller to the buyer.
  • Application for Texas Title: When a vehicle changes ownership, the new owner must complete this application to obtain a new title. It requires information about the buyer, seller, and the vehicle itself.
  • Bill of Sale: This document serves as proof of the sale and includes details about the transaction, such as the purchase price and date of sale. It can be useful for tax purposes and as a record of ownership transfer.
  • Vehicle Registration Application: After acquiring a vehicle, the new owner must register it with the state. This application provides information about the vehicle and its owner, allowing the state to issue license plates and registration stickers.
  • Release of Lien: If the vehicle was financed, this document is needed to show that any outstanding loans have been paid off. It clears the title for the new owner, ensuring there are no claims against the vehicle.
  • VIN Verification: Sometimes required for out-of-state vehicles, this form verifies the Vehicle Identification Number to confirm the vehicle’s identity and ensure it matches the title and registration documents.
  • Affidavit of Heirship: If a vehicle is inherited, this document may be necessary to transfer ownership without a formal title transfer process. It establishes the relationship between the deceased and the heir.

Understanding these documents can make the process of buying or selling a vehicle much easier. Each form plays a vital role in ensuring that ownership is transferred legally and smoothly. Always ensure that all necessary paperwork is completed accurately to avoid any future complications.

Document Sample

(Seller/Agent Name)

ODOMETER DISCLOSURE

STATEMENT

VTR-40 (Rev. 11/09)

DHT # 142235

Federal and State Law require that you state the mileage in connection with the transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment. This form may not be used in conjunction with title transfer documents, which comply with federal and state odometer disclosure requirements such as Texas Certificate of Titles issued on or after April 29, 1990.

VEHICLE DESCRIPTION

Year

Make

Body Style

Model

Vehicle Identification Number

I, ______________________________________________, certify to the best of my knowledge that the odometer reading is

the actual mileage of the vehicle described above unless one of the following statements is checked:

Odometer

Reading

(No Tenths)

1.The mileage stated is in excess of its mechanical limits.

2.The odometer reading is not the actual mileage.

WARNING – ODOMETER DISCREPANCY.

Date ofSignature of Seller/AgentPrinted Name (Same as Signature) Statement

If titled in a firm’s name, print the firm’s name on the line above.

Street Address

City

State

Zip Code

ACKNOWLEDGMENT OF ODOMETER DISCLOSURE BY BUYER/AGENT

I am aware of the above odometer certification made by the seller/agent.

Date of

Signature of Buyer/Agent

Printed Name (Same as Signature)

Statement

 

 

If purchased by a firm, print the firm’s name on the line above.

Street Address

City

State

Zip Code

WARNING: TRANSPORTATION CODE, §501.155, PROVIDES THAT FALSIFYING INFORMATION ON ANY REQUIRED STATEMENT OR APPLICATION IS A THIRD-DEGREE FELONY.