Odometer Disclosure Requirements
Recent correspondence with NHTSA (National Highway Traffic Safety Administration) has initiated this reminder.
The odometer acknowledgement requires that "written disclosure must be signed by the transferor/transferee, including the printed name", pursuant to 49 C.F.R. § 580.5(c) (f). In accordance with this regulation, buyers and sellers must hand-print their names in the vicinity of their signatures when completing the odometer disclosure. Handwriting or hand printing, unlike typewriting, can be subjected to handwriting analysis which is a useful tool in identifying the actual individual(s) who may have completed fraudulent odometer disclosures.
NHTSA has stated that the signature and printed name requirement means that both the signatures and printed names of the transferor and transferee must be handwritten by the respective parties to the transaction. Entry of these items in typewriting, either manually or by means of a computer, does not satisfy the regulation.