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How to fill out the Form 5047 online
Filling out Form 5047, the Power of Attorney for Odometer Disclosure, is an essential step when transferring vehicle ownership. This guide provides clear, step-by-step instructions to ensure you complete the form accurately and in compliance with the law.
Follow the steps to fill out Form 5047 effectively.
- Click ‘Get Form’ button to obtain the form and open it in the editor.
- Begin by entering the vehicle description. Fill in the year, make, model type, body type, and VIN (Vehicle Identification Number) in the provided spaces.
- Move to Part A, the Power of Attorney to Disclose Mileage section. Here, complete the seller or transferor’s name and appoint the dealer or transferee as your attorney-in-fact by signing in the designated areas.
- Indicate the odometer reading in miles, ensuring you do not include tenths. If applicable, check one of the statements about the mileage status according to your knowledge.
- Have the transferor sign and date the form, and provide their address in the specified format.
- Complete the transferee’s section by having the transferee sign and print their name, along with any business name, and address similarly.
- If applicable, move to Part B and replicate the procedure to appoint the transferor's dealership as the attorney-in-fact for mileage disclosure.
- In Part C, complete this section if Parts A or B have been utilized. Certify that the mileage disclosure is consistent with the paperwork in your possession.
- Finally, be sure to save all changes and ensure the document is properly formatted. You can download, print, or share the completed form as needed.
Get started on completing your Form 5047 online now.
An odometer disclosure statement is a federally required form used to verify a leased vehicle's mileage at the end of the term. This is typically needed when you return, purchase, or trade a leased vehicle.
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