Interpretation ID: aiam2075
8706 Orchard Avenue
Brooklyn
OH 44144;
Dear Mrs. Ginley: This is in response to your letter asking whether the odomete disclosure statement which you enclosed has been properly completed.; 49 CFR Part 580, *Odometer Disclosure Requirements*, which wa promulgated by the National Highway Traffic Safety Administration (NHTSA) under the authority of section 408 of the Motor Vehicle Information and Cost Savings Act (Pub. L. 92-513), prescribes the content and proper procedure for executing mileage disclosure statements at the time vehicles are transferred from one owner to another.; The form of the statement provided to you by Tommy Barrett, Inc appears in compliance with the provisions of Part 580. The person who completed the statement, however, failed to disclose the vehicle's last plate number. In order to meet the requirements of section 408 of the Cost Savings Act and Part 580, this information must be disclosed in writing to the vehicle purchaser. Although the transferor's address was not correctly filled in, the form has been stamped with what appears to be an appropriate address.; Failure to fulfill the requirements of the Cost Savings Act may subjec the violator to civil liability where his actions were intended to defraud the purchaser. The Act makes available to the buyer a remedy in the amount of $1,500 or treble damages, whichever is greater.; Since the license number may have been inadvertently omitted, I woul suggest that you contact Mr. Barrett and inform him of the deficiency in the statement he provided you. You will probably want him to add the information that is currently missing.; For your information, I have enclosed copies of the relevant portion of the Act and regulation.; Sincerely, Frank Berndt, Acting Chief Counsel