Notarized Odometer Statement Template

Notarized Odometer Statement Template

The Notarized Odometer Statement form is a legal document used to confirm the mileage of a vehicle at the time of sale. This statement is completed by a Notary Public, who verifies the information provided by the vehicle owner. It serves as an important tool to prevent odometer fraud and ensure transparency in vehicle transactions.

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The Notarized Odometer Statement form plays a crucial role in the process of buying and selling vehicles. This document serves as a formal declaration of the vehicle's mileage at the time of transfer, helping to prevent odometer fraud, which can mislead buyers about a vehicle's true condition. The form requires specific details, including the vehicle's make, model, year, and vehicle identification number (VIN), as well as the current mileage. In addition, the registered owner must personally appear before a notary public, who verifies their identity and confirms the accuracy of the mileage reported. This notary verification adds an extra layer of security and legitimacy to the transaction. The date of the statement and the notary's commission expiration are also included, ensuring that all parties are aware of the document's validity. Overall, this form is an essential tool for ensuring transparency and trust in vehicle sales, safeguarding both buyers and sellers in the process.

Notarized Odometer Statement Sample

ODOMETER DISCLOSURE STATEMENT

I, ____________________________, a Notary Public in the state of ______________________,

in the county of _________________, have personally verified the mileage of _______________

(miles) on this__________ (year) ________________ (make) _________________ (model)

_____________________________ (VIN) belonging to ____________________________ on

this _______ day of _____________, 2015. _______________________________, owner,

personally appeared and proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to within this instrument.

__________________________________

___________________

Registered Owner

Date

S

 

E

________________________________

 

Notary Public

A

 

 

My commission expires on ____________________

L

 

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Key takeaways

When dealing with the Notarized Odometer Statement form, it’s essential to understand its purpose and how to fill it out correctly. Here are some key takeaways to keep in mind:

  1. Understand the Purpose: This form is used to disclose the mileage of a vehicle during a sale or transfer, ensuring transparency between the buyer and seller.
  2. Complete All Sections: Fill in every required field, including the vehicle's make, model, year, and VIN. Incomplete forms can lead to delays or issues.
  3. Accurate Mileage: Report the exact mileage at the time of sale. Misrepresenting this information can have legal consequences.
  4. Notary Requirement: A Notary Public must witness the signing of this document. Their role is to verify the identity of the individuals involved.
  5. Personal Appearance: The registered owner must personally appear before the Notary Public to sign the form. This step is crucial for authenticity.
  6. Provide Evidence of Identity: The Notary will require satisfactory evidence of identity. Bring a valid ID or other acceptable forms of identification.
  7. Keep Copies: After completing the form, retain copies for your records. This documentation can be helpful in case of future disputes.
  8. Check Expiration Dates: Ensure that the Notary's commission is valid and not expired. An expired commission can invalidate the notarization.
  9. Timely Filing: Submit the completed form promptly to the relevant authorities, such as the Department of Motor Vehicles, to avoid any penalties.

By following these guidelines, you can navigate the process of filling out and using the Notarized Odometer Statement form with confidence.