Blank Texas Odometer Statement PDF Form Edit Document

Blank Texas Odometer Statement PDF Form

The Texas Odometer Statement form is a legal document required during the transfer of vehicle ownership. This form ensures that the mileage is accurately disclosed, protecting both buyers and sellers from potential fraud. Failing to complete it correctly can lead to serious penalties, including fines or imprisonment. Ready to fill out the form? Click the button below.

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When transferring ownership of a vehicle in Texas, the Odometer Disclosure Statement, known as VTR-40, plays a crucial role in ensuring transparency and compliance with both federal and state laws. This form requires sellers to accurately disclose the vehicle's mileage at the time of sale, emphasizing the importance of honesty in the transaction. Failure to complete the form correctly or providing false information can lead to severe penalties, including fines and potential imprisonment. The form cannot be used alongside title transfer documents that already meet odometer disclosure requirements, particularly for vehicles titled in Texas on or after April 29, 1990. Key details included in the form are the vehicle's description, such as year, make, model, and the Vehicle Identification Number (VIN). Sellers must certify that the odometer reading reflects the true mileage, with options to indicate if the mileage exceeds mechanical limits or if the reading is inaccurate. Buyers also acknowledge this disclosure, reinforcing accountability on both sides. Overall, the Texas Odometer Statement is not just a formality; it is a vital document that protects both buyers and sellers in the vehicle sales process.

Sample - Texas Odometer Statement Form

(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.

Document Breakdown

Fact Name Details
Form Title The form is officially titled "Odometer Disclosure Statement VTR-40".
Revision Date This version of the form was revised in November 2009.
Governing Laws The form complies with federal and Texas state laws regarding odometer disclosures.
Required Information It requires the seller to provide the vehicle's mileage at the time of transfer.
False Statements Providing false information on this form may lead to fines or imprisonment.
Usage Restrictions This form cannot be used alongside title transfer documents that meet federal and state requirements.
Odometer Reading The odometer reading must be stated without tenths.
Discrepancy Warnings There are specific statements to indicate if the mileage is inaccurate or exceeds mechanical limits.
Acknowledgment Requirement The buyer or agent must acknowledge the odometer certification by signing the form.
Legal Consequences According to Texas Transportation Code §501.155, falsifying information is classified as a third-degree felony.

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Misconceptions

Understanding the Texas Odometer Statement form is crucial for anyone involved in vehicle transactions. Here are seven common misconceptions about this important document:

  • The form is only needed for older vehicles. Many believe that the Texas Odometer Statement is only necessary for cars older than a certain year. In reality, it is required for all vehicle transfers, regardless of age.
  • It can be used with any title transfer document. Some think they can use the Odometer Statement alongside any title transfer paperwork. However, it cannot be used with title documents that already meet federal and state odometer disclosure requirements.
  • Only the seller must sign the form. While the seller's signature is essential, the buyer or their agent must also acknowledge the odometer disclosure. Both parties play a role in the process.
  • Providing an inaccurate reading is a minor issue. Many assume that giving an incorrect odometer reading is not a big deal. In fact, it can lead to serious consequences, including fines and potential imprisonment.
  • Odometer readings can be estimated. Some people think they can provide an estimated mileage if they are unsure. The form requires an actual reading, and any discrepancies must be explicitly stated.
  • Once signed, the form cannot be changed. There is a belief that the Odometer Statement is set in stone once signed. However, if mistakes are made, corrections can be documented, but both parties must agree to the changes.
  • The form is optional for private sales. A misconception exists that the Odometer Statement is not necessary for private sales. This is incorrect; it is legally required for all vehicle transfers to ensure transparency.

Being informed about these misconceptions can help ensure a smoother vehicle transaction process. Always take the time to understand the requirements and responsibilities associated with the Texas Odometer Statement form.

Documents used along the form

The Texas Odometer Statement form is an important document used during the transfer of vehicle ownership. It ensures that the mileage of the vehicle is accurately disclosed. Several other forms and documents are often utilized alongside this statement to facilitate the transfer process. Below is a list of these documents, each with a brief description.

  • Texas Certificate of Title: This is the primary document that proves ownership of a vehicle. It includes details such as the owner's name, vehicle identification number (VIN), and any liens on the vehicle.
  • Bill of Sale: This document serves as a receipt for the transaction. It outlines the sale price, vehicle details, and the names of both the buyer and seller, providing proof of the sale.
  • Application for Texas Title: This form is used to apply for a new title when ownership of a vehicle is transferred. It requires information about the buyer, seller, and the vehicle itself.
  • Vehicle Registration Application: This document is necessary for registering the vehicle in the buyer's name. It includes details about the vehicle and the new owner.
  • Power of Attorney: If the seller cannot be present for the transaction, this document allows another person to act on their behalf, facilitating the sale and transfer of ownership.
  • Emission Inspection Report: In some areas, a vehicle may require an emissions test before it can be registered. This report confirms that the vehicle meets environmental standards.
  • Liens Release Document: If there is an outstanding loan on the vehicle, this document shows that the lien has been satisfied, allowing for a clear transfer of ownership.
  • Power of Attorney: This document is crucial for individuals who need to grant authority to someone else to handle their affairs. For more information, consider visiting California PDF Forms.
  • Insurance Verification: Proof of insurance is often required when registering a vehicle. This document confirms that the buyer has obtained the necessary coverage.

Using these documents in conjunction with the Texas Odometer Statement can help ensure a smooth transfer of vehicle ownership. Each document serves a specific purpose, making the process clearer for both buyers and sellers.