No. Just remember to write exempt on the title where you would otherwise write in the mileage when/if you sell it. Odometer fraud is claiming an odometer reading to be true that isn't. There's no law that says you have to have an odometer, only that if you are going to claim actual mileage, it better be actual. For anyone with a car less than ten years old wondering WTF to do if their mileage isn't actual, you put the current reading down (what the odometer actually says, not what you think the correct miles are) in the mileage spot on the title, then check the box next to number two where it says "I hereby certify that the odometer reading is not the actual mileage WARNING, ODOMETER DISCREPANCY" It is also a good idea to have a separate bill of sale with the mileage and the fact that it isn't actual noted signed by all parties involved to cover your own ass so that someone doesn't try to claim you said the mileage was actual later on down the road.

Everything I sell over ten years old gets sold exempt, less hassles that way.