The Notarized Odometer Statement form is a legal document used to certify the mileage of a vehicle at the time of sale. This form requires a notary public to verify the odometer reading and the identity of the vehicle owner. Ensure you fill out the form accurately by clicking the button below.
When filling out and using the Notarized Odometer Statement form, it is essential to follow specific guidelines to ensure accuracy and legality. Here are some key takeaways to keep in mind:
What is a Notarized Odometer Statement?
A Notarized Odometer Statement is a legal document that verifies the mileage of a vehicle at the time of sale or transfer. It includes essential details such as the vehicle's make, model, year, and Vehicle Identification Number (VIN). The statement must be signed by a notary public, confirming that they have witnessed the mileage disclosure and the identity of the seller.
Why is a Notarized Odometer Statement necessary?
This statement is important because it helps prevent fraud in vehicle sales. By documenting the mileage, it protects both the buyer and seller. A notarized statement adds an extra layer of credibility, ensuring that the information provided is accurate and verified by a licensed notary public.
Who needs to complete a Notarized Odometer Statement?
Typically, the seller of the vehicle is responsible for completing the Notarized Odometer Statement. However, buyers may also request this document to ensure transparency regarding the vehicle's mileage. In some states, it is a legal requirement for certain vehicle transactions.
What information is included in the Notarized Odometer Statement?
The statement includes the seller's name, the vehicle's mileage, the year, make, model, and VIN. It also contains the notary public's details, including their name and commission expiration date. This information is crucial for validating the document's authenticity.
How does one obtain a Notarized Odometer Statement?
Is there a fee for notarizing the Odometer Statement?
Yes, there is usually a fee associated with notarizing documents, including the Odometer Statement. The cost can vary depending on the notary's location and their individual rates. It is advisable to inquire about the fee beforehand to avoid any surprises.
What happens if the mileage is incorrect on the Odometer Statement?
If the mileage is found to be incorrect after the statement has been notarized, it could lead to legal issues for both the seller and buyer. It is crucial to provide accurate information. If an error is discovered, it is best to correct the statement and have it re-notarized to ensure clarity and legality.
Can a Notarized Odometer Statement be used in all states?
While a Notarized Odometer Statement is recognized in many states, requirements can vary. Some states may have specific forms or additional regulations regarding odometer disclosures. It is important to check local laws to ensure compliance.
How long should I keep a Notarized Odometer Statement?
It is advisable to keep the Notarized Odometer Statement for several years after the sale or transfer of the vehicle. This document serves as proof of the mileage at the time of the transaction and may be needed for future reference or in case of disputes.
Once the Notarized Odometer Statement form is completed, it must be submitted as part of the vehicle transfer process. This document helps ensure transparency regarding the vehicle's mileage. Follow these steps to fill out the form correctly.
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