What signed statement must be attached to the title when selling a vehicle that was a former taxicab?

When selling a vehicle that was previously used as a taxicab, it is necessary to attach a signed statement that confirms the condition of the vehicle. The correct statement indicates that the vehicle is in good standing. This requirement helps ensure transparency regarding the vehicle’s condition and history, particularly because former taxicabs may have been subjected to more wear and tear than typical personal vehicles due to their usage.

A declaration affirming that the vehicle is in good standing serves to inform the new owner about its operational status and can help guide potential buyers in making an informed decision. It acts as a protective measure for both the seller and the buyer against any disputes that may arise after the sale.

In contrast, the other options do not apply in this context. A statement about the vehicle being damaged by water, being a replica, or under market value does not pertain specifically to the requirement for former taxicabs and may not provide the needed reassurance to the buyer regarding the vehicle's reliability for continued use.