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Fill Out Your Notarized Odometer Statement Form

The Notarized Odometer Statement is a legal document that confirms the mileage of a vehicle at the time of sale. It is signed by a notary public, who verifies the identity of the vehicle owner and the accuracy of the mileage reported. This form helps protect both buyers and sellers by ensuring transparency in vehicle transactions.

Form 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

 

Misconceptions

Understanding the Notarized Odometer Statement form is essential for anyone involved in vehicle sales or transfers. However, several misconceptions can lead to confusion. Here are ten common misconceptions explained:

  • Notarization guarantees accuracy of mileage. Notarization only verifies the identity of the signer, not the truthfulness of the mileage stated.
  • All states require a notarized odometer statement. Some states allow for simple written statements without notarization. Check local laws for specifics.
  • It can be completed after the sale. The statement should be filled out at the time of sale to ensure accurate records.
  • Only the seller needs to sign. Both the seller and buyer may need to sign, depending on state requirements.
  • It is only necessary for used vehicles. New vehicles may also require an odometer statement to confirm mileage.
  • Notaries can verify the accuracy of the statement. Notaries do not check the accuracy of the information; they only confirm the identity of the signer.
  • One form suffices for multiple transactions. Each transaction typically requires a separate notarized statement.
  • The form is not legally binding. A notarized statement carries legal weight and can be used in disputes regarding mileage.
  • There is no time limit for filing the statement. Many states have specific time frames in which the statement must be submitted.
  • It can be filled out by anyone. Only the registered owner or authorized representative should complete the form.

By addressing these misconceptions, individuals can navigate the process more effectively and ensure compliance with the law.

Key takeaways

Filling out and using the Notarized Odometer Statement form is a crucial step in the process of vehicle transfer. Here are some key takeaways to consider:

  • Accurate Information is Essential: Ensure that all fields, including the mileage, year, make, model, and Vehicle Identification Number (VIN), are filled out correctly. Inaccurate information can lead to legal complications.
  • Notary Public Requirement: The form must be signed in the presence of a Notary Public. This step verifies the authenticity of the signatures and the information provided.
  • Documentation of Ownership: The registered owner's name must match the name on the title. This helps establish a clear chain of ownership and prevents future disputes.
  • Retention of the Form: Keep a copy of the completed Notarized Odometer Statement for your records. This document may be needed for future reference, especially if questions about the vehicle's history arise.

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