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The Notarized Odometer Statement form plays a crucial role in vehicle transactions, ensuring transparency and protecting both buyers and sellers. This form requires the seller to disclose the vehicle's mileage, which is essential for determining its value and condition. It includes specific details such as the year, make, model, and Vehicle Identification Number (VIN) of the car in question. A Notary Public verifies the information, adding an extra layer of authenticity. By confirming the mileage, the notary helps prevent odometer fraud, a serious issue in the automotive industry. This document also captures the registered owner's information and the date of the transaction, making it a vital part of the paperwork when transferring vehicle ownership. Overall, the Notarized Odometer Statement is not just a formality; it serves as a safeguard for all parties involved in the sale of a vehicle.

How to Write Notarized Odometer Statement

After you complete the Notarized Odometer Statement form, you will need to submit it as part of your vehicle sale or transfer process. Make sure all information is accurate to avoid any complications. Follow these steps to fill out the form correctly.

  1. Begin by writing your full name in the blank space at the top of the form.
  2. Fill in the state where you are a Notary Public.
  3. Indicate the county where you are located.
  4. Enter the mileage of the vehicle in the designated space.
  5. Provide the year of the vehicle.
  6. Write the make of the vehicle.
  7. Specify the model of the vehicle.
  8. Fill in the Vehicle Identification Number (VIN).
  9. Write the name of the vehicle's owner in the appropriate space.
  10. Include the date on which the statement is being completed.
  11. The registered owner must sign their name where indicated.
  12. As the Notary Public, sign in the designated area.
  13. Lastly, write the expiration date of your commission as a Notary Public.

Misconceptions

When dealing with the Notarized Odometer Statement form, several misconceptions can arise. Understanding these can help ensure that the process goes smoothly and that all parties are informed. Here are six common misconceptions:

  • Notarization is optional. Many believe that notarization is not necessary for an odometer statement. However, in many states, a notarized odometer disclosure is required to validate the accuracy of the mileage reported during the sale of a vehicle.
  • All notaries can verify odometer readings. It's a common misconception that any notary can verify the mileage of a vehicle. In reality, the notary's role is to witness the signing of the document, not to verify the actual mileage. The seller must provide the accurate mileage information.
  • The form is only needed for used vehicles. Some people think that the Notarized Odometer Statement is only necessary for used vehicles. However, even in the sale of new vehicles, this statement may be required to ensure transparency about the vehicle's mileage history.
  • Once notarized, the document cannot be changed. There is a belief that once the odometer statement is notarized, it cannot be altered. While notarization does lend credibility, if an error is found, a new statement can be created and notarized again.
  • Only the seller needs to sign the form. Many assume that only the seller's signature is required on the odometer statement. In fact, both the seller and the buyer may need to sign the document, depending on state requirements.
  • It’s a one-size-fits-all form. Some individuals think that the Notarized Odometer Statement is the same in every state. In truth, each state may have specific requirements or variations in the form, so it’s important to use the correct version for your state.

By dispelling these misconceptions, individuals can navigate the process of completing a Notarized Odometer Statement with greater confidence and accuracy.

Notarized Odometer Statement Example

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

 

Key takeaways

When filling out and using the Notarized Odometer Statement form, it is essential to understand its purpose and requirements. Below are key takeaways to consider:

  • The form serves as a legal declaration of the vehicle's mileage at the time of sale or transfer.
  • Accurate information is crucial; any discrepancies may lead to legal complications.
  • Both the seller and buyer should review the completed form to ensure all details are correct.
  • A notary public must witness the signing of the document to validate it.
  • The form requires specific details, including the vehicle's year, make, model, and VIN.
  • The registered owner's name must be clearly stated, along with their signature.
  • The notary public must provide their name, commission expiration date, and signature.
  • Retain a copy of the notarized statement for personal records after it is completed.
  • Filing the statement may be necessary for certain states to complete the vehicle transfer process.

Dos and Don'ts

When filling out the Notarized Odometer Statement form, it's essential to follow certain guidelines to ensure accuracy and legality. Here are five things to do and five things to avoid:

  • Do: Fill in all required fields completely and accurately.
  • Do: Double-check the vehicle's VIN for correctness.
  • Do: Ensure that the mileage is recorded clearly and legibly.
  • Do: Sign and date the form in the appropriate sections.
  • Do: Have the form notarized by a licensed notary public.
  • Don't: Leave any fields blank; incomplete forms can lead to issues.
  • Don't: Use white-out or any correction fluid on the document.
  • Don't: Sign the form before the notary is present.
  • Don't: Provide false information about the vehicle's mileage.
  • Don't: Forget to keep a copy of the completed form for your records.

Similar forms

The Bill of Sale is a document that serves as proof of the transfer of ownership of a vehicle from one party to another. Similar to the Notarized Odometer Statement, it includes essential details such as the vehicle's make, model, and Vehicle Identification Number (VIN). Both documents require the signature of the seller and may also need to be notarized to ensure authenticity. The Bill of Sale can also provide protection for both the buyer and seller in case of disputes regarding the transaction.

The Vehicle Title is another important document that is closely related to the Notarized Odometer Statement. The title proves ownership of the vehicle and includes details such as the VIN and the owner's name. When selling or transferring a vehicle, the title must be updated to reflect the new owner's information. Like the Odometer Statement, the title may also require notarization in some states to validate the transfer and confirm the accuracy of the information provided.

The Application for Title is a document that individuals must complete when applying for a new title for a vehicle. This form typically requires similar information as the Notarized Odometer Statement, including the VIN, make, model, and odometer reading at the time of the application. Both documents aim to ensure that the information regarding the vehicle's ownership and mileage is accurate and legally recognized.

The Vehicle Registration form is necessary for legally operating a vehicle on public roads. This document includes details about the vehicle, such as its VIN and owner information. Similar to the Notarized Odometer Statement, the registration form may require proof of ownership and accurate mileage. Both documents help maintain accurate records of vehicle ownership and usage within the state.

The Affidavit of Odometer Disclosure is a sworn statement that verifies the mileage on a vehicle. Like the Notarized Odometer Statement, this affidavit serves to protect buyers from potential fraud regarding the vehicle's mileage. It includes similar information, such as the VIN and odometer reading, and is often required when selling a vehicle to ensure transparency in the transaction.

For those seeking to establish a clear management framework for their limited liability company (LLC) in Texas, it is vital to have a well-drafted Operating Agreement. This document not only delineates the rights and responsibilities of members but also aids in avoiding disputes and miscommunication. For a comprehensive template to get started, you can visit texasformsonline.com/free-operating-agreement-template, which provides essential resources to create an effective agreement tailored to your business needs.

The Power of Attorney for Vehicle Transactions allows one person to act on behalf of another in matters related to vehicle ownership and transfer. This document can be similar to the Notarized Odometer Statement in that it often requires verification of the vehicle's details and may need to be notarized. Both documents ensure that the parties involved are legally recognized and that the transaction is conducted smoothly.

The Vehicle History Report is a document that provides a detailed history of a vehicle, including past ownership, accidents, and mileage records. While it differs from the Notarized Odometer Statement in purpose, both documents are concerned with the accuracy of a vehicle's history. The Vehicle History Report can help buyers make informed decisions, just as the Odometer Statement aims to disclose truthful information about the vehicle's mileage at the time of sale.