Fill Out a Valid Notarized Odometer Statement Template

The Notarized Odometer Statement form is a legal document that confirms the mileage of a vehicle at the time of sale. This statement is typically completed by a notary public, who verifies the information provided by the vehicle owner. It plays a crucial role in ensuring transparency and preventing odometer fraud during vehicle transactions.

Modify Notarized Odometer Statement

The Notarized Odometer Statement form is an essential document for anyone involved in the sale or transfer of a vehicle. This form serves to confirm the accurate mileage of a vehicle at the time of sale, providing protection against potential fraud. It includes key details such as the vehicle's make, model, and VIN, as well as the seller's information. Additionally, a Notary Public must verify the mileage, ensuring that the statement is legally binding. This verification process adds an extra layer of security for both the buyer and seller, as it establishes the legitimacy of the mileage claim. Completing this form accurately is crucial, as it can impact the vehicle's value and the legal responsibilities of the parties involved. As you navigate the process of buying or selling a vehicle, understanding the importance of the Notarized Odometer Statement can help you avoid complications down the road.

Document Information

Fact Name	Description
Purpose	The Notarized Odometer Statement form is used to verify the mileage of a vehicle at the time of sale or transfer.
Notary Requirement	A notary public must witness the signing of the form to ensure its authenticity.
State-Specific Forms	Each state may have its own version of the Odometer Disclosure Statement, governed by local laws.
Federal Law	Under federal law, specifically the Truth in Mileage Act, sellers must provide accurate mileage disclosures.
Information Required	The form requires details such as the vehicle's make, model, year, VIN, and the recorded mileage.
Signature of Owner	The registered owner must sign the form, confirming that the mileage stated is correct.
Notary's Role	The notary verifies the identity of the signer and ensures that they understand the document they are signing.
Expiration of Notary's Commission	The form includes a section for the notary to indicate when their commission expires, ensuring validity.
Legal Implications	Falsifying information on this form can lead to legal consequences, including fines or criminal charges.

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▼ Notarized Odometer Statement PDF Form

Misconceptions

Understanding the Notarized Odometer Statement form is crucial for vehicle transactions. However, several misconceptions can lead to confusion. Here are four common misconceptions:

Notarization is optional. Many people believe that notarizing the odometer statement is not necessary. In fact, a notarized statement is often required by law to ensure the accuracy of the mileage reported during the sale of a vehicle.
Only the seller needs to sign the form. Some assume that only the seller’s signature is required. However, both the seller and the notary public must sign the form to validate the odometer disclosure and provide legal assurance of its authenticity.
The form is only for used vehicles. There is a misconception that the notarized odometer statement is only applicable to used cars. In reality, it can also be used for new vehicles to confirm the mileage at the time of sale.
All notaries can notarize any document. It’s a common belief that any notary can notarize any document without restrictions. However, notaries must comply with state laws, and some states have specific requirements for notarizing vehicle-related documents.

Clearing up these misconceptions can help ensure smoother transactions when buying or selling a vehicle.

Dos and Don'ts

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

Do provide accurate mileage information.
Don't leave any sections blank; fill in all required fields.
Do ensure the vehicle identification number (VIN) is correct.
Don't use incorrect or outdated vehicle information.
Do sign the form in the presence of a notary public.
Don't sign the document before meeting with the notary.
Do provide valid identification to the notary.
Don't attempt to notarize the form without proper ID.
Do keep a copy of the completed form for your records.
Don't forget to check the expiration date of the notary's commission.

Key takeaways

When filling out and using the Notarized Odometer Statement form, keep the following key takeaways in mind:

Accurate Information is Essential: Ensure that all details, including the vehicle's make, model, year, and VIN, are filled in accurately. Mistakes can lead to complications during the sale or transfer of ownership.
Notarization is Required: The form must be notarized. This means you need to have a qualified Notary Public witness your signature and verify your identity, which adds an extra layer of authenticity to the document.
Timing Matters: Complete the statement at the time of sale or transfer. This ensures that the mileage recorded is current and reflects the vehicle's condition accurately.
Retain Copies: Keep a copy of the notarized statement for your records. This can be helpful in case any disputes arise regarding the vehicle's mileage in the future.