The Notarized Odometer Statement is a legal document that verifies the mileage of a vehicle at the time of sale or transfer. This form is signed by a notary public, who confirms the identity of the vehicle owner and the accuracy of the mileage reported. By providing a reliable record of the odometer reading, the statement helps protect both buyers and sellers from potential fraud related to odometer tampering.
When filling out the Notarized Odometer Statement form, it’s important to follow certain guidelines to ensure accuracy and compliance. Here are six things you should and shouldn't do:
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What is a Notarized Odometer Statement?
A Notarized Odometer Statement is a legal document that certifies the mileage of a vehicle at the time of sale. It includes details such as the vehicle's make, model, year, and Vehicle Identification Number (VIN). The statement is signed by a notary public, who verifies the identity of the seller and the accuracy of the mileage disclosed.
Why is a Notarized Odometer Statement necessary?
This statement is crucial for protecting both the buyer and seller in a vehicle transaction. It helps prevent fraud by ensuring that the mileage reported is accurate. Many states require this document to be completed and notarized to comply with legal standards when transferring vehicle ownership.
Who needs to complete the Notarized Odometer Statement?
The seller of the vehicle is responsible for completing the Notarized Odometer Statement. They must provide accurate mileage and vehicle information. The notary public then verifies the seller's identity and the information provided before signing the document.
How do I find a notary public?
Notaries can be found in various locations, including banks, law offices, and shipping centers. Many online services also offer notary services. It’s important to ensure that the notary is licensed and authorized to operate in your state.
What should I bring when getting my Odometer Statement notarized?
When visiting a notary, bring a valid form of identification, such as a driver's license or passport. Additionally, have the completed Notarized Odometer Statement form ready, along with any other documents related to the vehicle sale, to facilitate the process.