Sfn 18609 Form PDF Details

Are you looking for a better way to manage your finances? Do you want an easy-to-use form that can help keep track of all those important details in one place? Look no further than the SFN 18609 Form. This versatile financial record keeping tool is designed to help business owners, organizations, and individuals stay organized and on top of their financials with minimal effort. In this blog post, we'll explore the features of SFN 18609 Form as well as discuss some strategies for using it effectively. Keep reading to learn more!

QuestionAnswer
Form NameSfn 18609 Form
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesnd statement, sfn 18609 damage disclosure statement, nd damage, north dakota damage disclosure statement

Form Preview Example

DAMAGE/SALVAGE DISCLOSURE STATEMENT

North Dakota Department of Transportation, Motor Vehicle

SFN 18609 (8-2019)

MOTOR VEHICLE DIVISION

ND DEPT OF TRANSPORTATION 608 E BOULEVARD AVE BISMARCK ND 58505-0780 Telephone (701) 328-2725

Fax (701) 328-1487 Website: https://dot.nd.gov

This form MUST be completed by the transferor (seller) for all vehicles less than nine (9) model years old.

This form MUST be signed by the transferor (seller), given to and signed by the transferee (buyer), and accompany the application for title.

Year

Make

Model

Style

Vehicle Identification Number (VIN)

Title Number

Section 1: NDCC 39-05-17.2

Within the past eight (8) years, has this vehicle sustained body or structural damage from a vehicular crash or accident, including loss by fire,

vandalism, weather, or submersion in water, resulting in damage to the motor vehicle?

 

Yes*

 

No

 

 

The term damage does not include body or structural modifications, normal wear and tear, glass damage, hail damage, or items of normal maintenance and repair.

*If yes is checked, sections 2 & 3 must be completed.

Section 2: NDCC 39-05-20.2 & 37-09-01-02

If vehicle has sustained damage, please answer the following question:

Do the damages equal or exceed the greater of $10,000 or twenty-five percent (25%) of the pre-damage retail value of the motor vehicle as

determined by the National Automobile Dealers Association official used car guide?

Yes

No

Section 3: NDCC 39-05-20.2 & NDAC 37-09-01-02

If the vehicle has sustained damage, please answer the following question:

Do the damages exceed seventy-five percent (75%) of its retail value?

 

Yes*

 

No

3A. *If you answered yes, please check the box below that best describes your situation.

Damage occurred in a single occurrence while I owned the vehicle.

I acquired the vehicle with unrepaired damage.

Damage occurred prior to my ownership and I acquired it in a repaired condition.

Other - Must explain:

3B. Type of Damage:

 

Collision

 

Weather

 

Theft

 

Interior

 

 

 

 

 

 

 

 

(check all that apply)

 

 

 

 

 

 

 

Water

 

Vandalism

 

Fire

 

Under Carriage

 

Other

 

 

 

 

 

 

Explanation of Damage:

Any person who makes a false statement on this form is guilty of a Class A Misdemeanor.

Section 4

Name of Transferor (Seller)

 

Daytime Telephone Number

 

 

 

 

Mailing Address

City

State

ZIP Code

 

 

 

 

Signature of Transferor (Seller)

 

 

Date

 

 

 

 

 

 

 

 

Section 5

 

 

 

 

 

 

Legal Name of Transferee (Buyer)

 

Daytime Telephone Number

 

 

 

 

Mailing Address

City

State

ZIP Code

 

 

 

 

Signature of Transferee (Buyer)

 

 

Date

 

 

 

 

SFN 18609 (8-2019)

Page 2 of 2

INSTRUCTIONS FOR COMPLETING DAMAGE/SALVAGE DISCLOSURE STATEMENT

Section 1

The seller must disclose if there has been damage* to the vehicle within the past 8 years by checking YES or NO to the question.

If YES, proceed to Sections 2 & 3.

*Damage is defined as body or structural damage from a vehicular crash or accident including loss by fire, vandalism, weather, or submersion in water, resulting in damage to the motor vehicle. The term damage does NOT include body or structural modifications, normal wear and tear, glass damage, hail damage, or items of normal maintenance and repair.

Section 2

The seller must disclose if damages* equal or exceed the greater of $10,000 or twenty-five percent (25%) of the pre-damage retail value of the motor vehicle by checking YES or NO to the question.

*The amount of damage to a motor vehicle is determined by adding the retail value of all labor, parts, and materials used in repairing the damage. See NDCC 39-05-17.2 for further information on calculating the Assessed Damage of a vehicle.

DAMAGE DISCLOSURE FORMULA

1.Calculate 25% of the retail value of the vehicle at the time the vehicle was damaged.

2.Which is the higher amount 25% of the retail value of the vehicle or $10,000?

3.What is the amount of the assessed damage?

4.The assessed damage amount must be greater than the higher amount from step 2 to be a damaged vehicle.

 

EXAMPLE 1

 

 

EXAMPLE 2

 

 

 

 

 

1.

$15,000 (retail value) X 25% = $3,750

1.

$50,000

(retail value) X 25% = $12,500

 

 

 

 

 

2.

$3,750 OR $10,000 = $10,000 is higher

2.

$12,500

OR $10,000 = $12,500 is higher

 

 

 

 

3.

Assessed damage is $7,000

3.

Assessed damage is $13,000

 

 

 

 

4.

Check NO on damage disclosure form

4.

Check YES on damage disclosure form

 

 

 

 

 

Section 3

The seller must disclose if the damages* exceed seventy-five percent (75%) of the motor vehicles retail value by checking YES or NO to the question.

If YES, seller must answer Sections 3a. & 3b.

*Vehicles damaged in excess of 75% may not be operated on ND highways unless they have been reconstructed and inspected by a business that is registered with the Secretary of State, is in good standing, and offers motor vehicle repairs to the public. (SFN 2486 Certificate of Vehicle Inspection) The business completing the inspection may not be the same business that reconstructed the vehicle. If a vehicle has been reconstructed, a certificate of title will be issued with a "previously salvaged" brand status. Salvage requirements apply to all model year vehicles and all brands must be carried forward regardless of the age of the vehicle.

Section 3a

The seller must select one of the options which best describes their ownership of the vehicle in regards to the disclosed damage. Example of "Other": Title already branded for the damage disclosed above.

Section 3b

The seller must select all that apply which best describes the type of damage to the vehicle and briefly explain. Example of "Explanation of Damage": Hit a deer.

Section 4

Seller information to be completed in full with seller signing and dating the form.

Section 5

The buyer is only required to complete Section 5 if YES has been answered to any of the questions completed by the seller.

How to Edit Sfn 18609 Form Online for Free

Should you would like to fill out nd statement, you won't need to install any kind of programs - simply make use of our PDF editor. To retain our editor on the leading edge of efficiency, we aim to put into operation user-oriented capabilities and improvements regularly. We are at all times glad to get suggestions - join us in revampimg PDF editing. To begin your journey, consider these simple steps:

Step 1: Access the PDF file in our tool by clicking the "Get Form Button" in the top section of this webpage.

Step 2: The tool provides you with the opportunity to work with the majority of PDF files in various ways. Improve it by including customized text, adjust what is originally in the file, and include a signature - all readily available!

Pay close attention while filling in this document. Ensure each blank field is filled out accurately.

1. To get started, once completing the nd statement, beging with the part that has the next blank fields:

nd form sfn 18609 conclusion process outlined (part 1)

2. Once your current task is complete, take the next step – fill out all of these fields - I acquired the vehicle with, Damage occurred prior to my, Other Must explain, B Type of Damage check all that, Explanation of Damage, Collision, Water, Weather, Vandalism, Theft, Fire, Interior, Under Carriage, Other, and Any person who makes a false with their corresponding information. Make sure to double check that everything has been entered correctly before continuing!

Guidelines on how to prepare nd form sfn 18609 step 2

A lot of people often get some things incorrect when completing Explanation of Damage in this section. You should definitely reread what you type in here.

3. In this stage, check out Signature of Transferee Buyer, and Date. Each of these should be completed with utmost accuracy.

The way to prepare nd form sfn 18609 step 3

Step 3: Right after you've reviewed the details you filled in, click on "Done" to conclude your FormsPal process. Grab your nd statement after you sign up at FormsPal for a 7-day free trial. Instantly get access to the pdf file within your personal account page, with any edits and adjustments being all kept! FormsPal guarantees protected document editor devoid of data recording or distributing. Be assured that your details are safe with us!