Who is responsible for completing the odometer disclosure?

Study for the DMV Used Car Dealership Test. Prepare with flashcards and multiple choice questions. Each question includes hints and explanations. Get ready to ace your exam!

The responsibility for completing the odometer disclosure falls on both the seller and the buyer. This process is crucial to ensure that both parties confirm and acknowledge the accurate mileage of the vehicle at the time of sale. The odometer disclosure is a legal document that protects buyers from potential fraud by misrepresenting the vehicle's mileage and helps maintain transparency in the transaction.

Having both the seller and buyer sign the odometer disclosure is a requirement in many jurisdictions to improve accountability and safeguard against disputes regarding the vehicle's history. This joint responsibility helps ensure that both parties have a clear understanding of the vehicle's condition and history, thus fostering trust in the transaction.

The involvement of other parties, such as just the buyer or just the dealer, does not fulfill the requirement for mutual agreement on the odometer reading. Similarly, a DMV clerk's role primarily pertains to processing the registration and does not extend to the initial odometer disclosure requirement before the sale is finalized.

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