Fill a Valid Odometer Statement Mvr 180 Form

Fill a Valid Odometer Statement Mvr 180 Form

The Odometer Statement MVR 180 form is a crucial document required by both federal and state law during the transfer of vehicle ownership in North Carolina. This form mandates the seller to disclose the vehicle's mileage, ensuring transparency and preventing fraud. Failure to provide accurate information can lead to serious legal consequences, including fines and potential imprisonment.

Fill Out Odometer Statement Mvr 180 Here

The Odometer Statement MVR-180 form is a crucial document in the vehicle ownership transfer process in North Carolina, ensuring transparency regarding a vehicle's mileage. This form is required by both federal and state laws, mandating that sellers disclose the odometer reading at the time of sale. Accurate mileage reporting is essential; failure to provide this information or submitting a false statement can lead to significant penalties, including fines or imprisonment. The form captures essential details about the vehicle, such as its year, make, model, and vehicle identification number (VIN). Additionally, it includes a section where the seller certifies the odometer reading and confirms that it reflects the actual mileage unless otherwise noted. There are specific conditions under which the form may not apply, including vehicles over a certain weight, those that are not self-propelled, or vehicles that are older than ten years. These regulations help protect buyers from potential fraud while providing sellers with a clear framework to follow. Understanding the Odometer Statement MVR-180 form is vital for anyone involved in buying or selling a vehicle in North Carolina.

More PDF Documents

Odometer Statement Mvr 180 Sample

MVR-180

(Rev. 12/20)

North Carolina Division of Motor Vehicles

ODOMETER DISCLOSURE STATEMENT

ALTERATIONS OR ERASURES VOID THIS FORM

Federal and State law require that you state the mileage upon transfer of ownership.

Failure to complete or providing a false statement may result in fines and/or imprisonment.

VEHICLE SECTION

YEAR

MAKE

BODY STYLE SERIES MODEL

VEHICLE IDENTIFICATION NUMBER

LAST PLATE NUMBER ON VEHICLE

 

 

DISCLOSURE SECTION

I, (seller’s printed name) _____________________________________________________________ state that

the odometer now reads (miles, no tenths) ______________ miles and to the best of my knowledge that it

reflects the actual mileage of the vehicle described above, unless one of the following statements is checked.

(1) I hereby certify that the odometer reading reflects the amount of mileage in excess of its mechanical limits.

(2) I hereby certify that the odometer reading is not the actual mileage. WARNING –ODOMETER

DISCREPANCY.

SELLER SECTION

SELLER’S SIGNATURE CERTIFYING ODOMETER READING

SELLER’S PRINTED NAME

SELLER’S ADDRESS

CITY

STATE

ZIP CODE

DATE OF

CERTIFICATION

BUYER SECTION

BUYER’S SIGNATURE ACKNOWLEDGING ODOMETER READING AS CERTIFIED

BUYER’S PRINTED NAME

BUYER’S ADDRESS

CITY

STATE

ZIP CODE

DATE OF

CERTIFICATION

The provisions of this disclosure statement section shall not apply to the following transfers:

(1)A vehicle having a gross vehicle weight rating of more than 16,000 pounds.

(2)A vehicle that is not self-propelled.

(3)A vehicle that is 10 years old or older until December 31, 2020. As of January 1, 2021, all vehicles that are 20 years old or older starting with year model 2010.

(4)A new vehicle prior to its first transfer for purposes other than resale.

(5)A new vehicle sold directly by the manufacturer to any agency of the United States in conformity with contractual specifications.

Key takeaways

When filling out and using the Odometer Statement MVR 180 form, there are several key points to consider:

  • Accurate Mileage Disclosure: It is essential to provide the correct mileage at the time of ownership transfer. This information must be stated clearly, as inaccuracies can lead to legal consequences.
  • Certification Requirements: The seller must sign the form to certify that the odometer reading reflects the actual mileage, unless an exception is noted. This includes options for indicating if the mileage exceeds mechanical limits or is not actual mileage.
  • Exemptions: Certain vehicles are exempt from this disclosure requirement, including those over 16,000 pounds, not self-propelled, or over 10 years old (until recent changes). Familiarity with these exemptions is crucial.
  • Consequences of Non-Compliance: Failure to complete the form accurately or providing false information may result in fines or imprisonment, underscoring the importance of diligence in this process.