Federal regulation requires sellers to give buyers a signed statement attesting to the fact that the mileage shown on the odometer of their used car is correct.

Question

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This is in reference to the federal law known as the Motor Vehicle Information and Cost Saving Act which requires sellers to provide a written disclosure of the odometer reading at the time of sale for any vehicle less than 10 years old. This statement is called an "odometer disclosure statement" and must be signed by the seller.

Federal Regulation Requires Sellers to Give Buyers a Signed Statement