Power Of Attorney With Odometer Disclosure

State:
Arizona
Control #:
AZ-P014B
Format:
Word; 
Rich Text
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Description

The Power of Attorney with Odometer Disclosure is a legal form that allows an individual, known as the principal, to grant authority to another person, known as the agent, to make decisions on their behalf regarding vehicle transactions, including the disclosure of odometer readings. This form is particularly useful for parties who cannot be present to complete vehicle transfers, ensuring compliance with state regulations regarding odometer disclosures to prevent fraud. Attorneys, partners, owners, associates, paralegals, and legal assistants should understand the key elements of the form, including the need to clearly identify the principal and agent, ensure accurate odometer readings, and appropriately notarize the document. Filling out this form involves providing basic details about the parties involved and the vehicle in question, as well as signatures from witnesses where required. Specific use cases include transferring ownership of a vehicle due to sale, gift, or inheritance. Clear instructions for editing the form include ensuring all information is accurate and legibly completed, as well as keeping a copy for personal records. Overall, this form streamlines the vehicle transfer process while helping to adhere to legal requirements.

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FAQ

Effective January 1, 2021, the new 20-year exemption for odometer disclosure applies to 2011 and newer model-year vehicles. This means a 2011 model year vehicle will not become exempt from odometer disclosure until the vehicle is 20 years old, which will be January 1, 2031.

A Texas Odometer Disclosure Statement should be filled out in the following way:State the seller's name and that the seller certifies that the information listed in this statement is true and accurate.Select the appropriate box to make it clear whether the mileage amount listed is one of the following:More items...

Odometer Disclosure Statement (MVR-180): Seller shall disclose the mileage to the buyer in writing on the application with signatures and hand printed name. If a vehicle is 10 years old and older, odometer reading is not required.

The odometer disclosure is required to be made on a secure form to prevent tampering. The Texas Department of Motor Vehicles (TxDMV) has implemented a carbon copy paper form which complies with the requirements of federal law.

Illinois law requires mileage disclosure for all vehicles. Exceptions include: vehicle weight of more than 16,000 pounds; vehicles 10 years old or older; vehicles that are not self-propelled; and vehicles manufactured without an odometer.

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Power Of Attorney With Odometer Disclosure