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The Notarized Odometer Statement form plays a crucial role in vehicle transactions, ensuring transparency and accuracy in mileage reporting. This document serves as a formal declaration of the vehicle's odometer reading, which must be verified by a Notary Public. Key components of the form include the name of the Notary, the state and county of notarization, and the specific details of the vehicle, such as the year, make, model, and Vehicle Identification Number (VIN). Additionally, the form requires the registered owner's name and a declaration of the mileage at the time of sale. The Notary's verification adds a layer of credibility, as they confirm the identity of the owner and the accuracy of the information provided. This process is essential for preventing odometer fraud and ensuring that buyers receive accurate information about the vehicle's history. The date of notarization and the expiration of the Notary's commission are also critical elements that validate the document's authenticity.

Documents used along the form

The Notarized Odometer Statement form is often accompanied by several other documents during vehicle transactions. These documents help ensure that the sale is legitimate and that all necessary information is clearly documented. Below is a list of commonly used forms that may accompany the Notarized Odometer Statement.

  • Bill of Sale: This document serves as a receipt for the transaction, detailing the sale price, date, and parties involved. It provides proof of ownership transfer.
  • Power of Attorney Form: This form allows an individual to appoint someone to act on their behalf in various matters. For more information, you can refer to the https://floridaformspdf.com/printable-power-of-attorney-form.
  • Title Certificate: The title is a legal document that proves ownership of the vehicle. It must be signed over from the seller to the buyer during the sale.
  • Vehicle History Report: This report provides information about the vehicle's past, including accidents, title issues, and service history. It helps buyers make informed decisions.
  • Application for Title: This form is required to apply for a new title in the buyer's name. It usually includes details about the vehicle and the new owner.
  • Emissions Certificate: Some states require this certificate to prove that the vehicle meets environmental standards. It is often necessary for registration.
  • Release of Liability: This document protects the seller by notifying the DMV that they are no longer responsible for the vehicle after the sale.
  • Power of Attorney: If someone else is handling the sale on behalf of the owner, this document grants them the authority to act in the owner's stead.
  • Warranty Documents: If the vehicle is sold with a warranty, these documents outline the coverage and terms. They are crucial for the buyer's protection.
  • Financing Agreement: If the buyer is financing the vehicle, this document details the terms of the loan, including payment schedules and interest rates.

Having the appropriate documents in place can streamline the vehicle sale process and protect both parties involved. Always ensure that all forms are filled out accurately and completely to avoid potential issues down the line.

Dos and Don'ts

When filling out the Notarized Odometer Statement form, it’s important to follow certain guidelines to ensure accuracy and compliance. Here are six things you should and shouldn't do:

  • Do write clearly and legibly to avoid any misunderstandings.
  • Do provide accurate mileage to reflect the true condition of the vehicle.
  • Do ensure all required fields are completed before submission.
  • Do have the form notarized by a licensed notary public.
  • Don't leave any fields blank; this could lead to complications.
  • Don't use incorrect or outdated information regarding the vehicle's details.

Get Answers on Notarized Odometer Statement

  1. What is a Notarized Odometer Statement?

    A Notarized Odometer Statement is a legal document that confirms the mileage of a vehicle at the time of sale. It is signed by the vehicle's owner and notarized by a public notary. This statement is often required when transferring ownership of a vehicle to ensure that the mileage is accurately disclosed.

  2. Why do I need a Notarized Odometer Statement?

    This statement is important for preventing odometer fraud. When buying or selling a vehicle, both parties want to ensure that the mileage reported is truthful. A notarized statement adds an extra layer of verification, making it harder for someone to misrepresent the vehicle's mileage.

  3. Who can notarize the Odometer Statement?

    A Notary Public, who is a state-authorized individual, can notarize the Odometer Statement. Notaries verify the identity of the person signing the document and ensure that they are doing so willingly. It’s important to choose a notary who is licensed in your state.

  4. What information is required on the Notarized Odometer Statement?

    The statement must include:

    • The name of the notary public
    • The state and county where the notarization takes place
    • The vehicle's mileage
    • The year, make, model, and VIN (Vehicle Identification Number) of the vehicle
    • The name of the vehicle owner
    • The date of the notarization
  5. How do I complete the Notarized Odometer Statement?

    To complete the statement, fill in the required information accurately. Once done, take the document to a Notary Public. They will verify your identity and witness your signature. After notarization, you will have a legally binding document that can be used for the vehicle sale.

  6. Is there a fee for notarizing the Odometer Statement?

    Yes, most notaries charge a fee for their services. The cost can vary depending on the state and the notary's individual rates. It’s a good idea to ask about fees beforehand to avoid any surprises.

  7. Do I need a Notarized Odometer Statement for every vehicle sale?

    Not necessarily. The requirement for a notarized statement can vary by state and the specific circumstances of the sale. It’s advisable to check your state’s regulations or consult with a local DMV to determine if it is needed for your transaction.

  8. What should I do if the mileage is incorrect?

    If you discover that the mileage reported on the Notarized Odometer Statement is incorrect, it is crucial to address this issue immediately. Contact the buyer and discuss the discrepancy. You may need to complete a new statement with the correct mileage and have it notarized again.

Form Data

Fact Name Description
Purpose The Notarized Odometer Statement is used to certify the mileage of a vehicle at the time of sale, ensuring transparency in vehicle transactions.
Notary Requirement This form must be signed in the presence of a Notary Public, who verifies the identity of the vehicle owner and the accuracy of the mileage stated.
State-Specific Laws In many states, including California and Texas, the use of a notarized odometer statement is governed by state vehicle code regulations to prevent odometer fraud.
Information Included The form includes critical details such as the vehicle's make, model, VIN, and the recorded mileage, along with the date of the transaction.