Az Power Of Attorney Document With Odometer Disclosure

State:
Arizona
Control #:
AZ-POA-3
Format:
Word; 
Rich Text
Instant download

Description

The Az power of attorney document with odometer disclosure enables a principal to designate an attorney-in-fact to manage their affairs, including the authority to handle vehicle transactions, which requires an odometer disclosure. This form outlines the powers granted to the attorney-in-fact, emphasizing that they must act in the principal's best interests. It also includes provisions for reimbursement of expenses incurred on behalf of the principal. Notably, the document can remain effective even if the principal becomes incapacitated. Attorneys and paralegals can utilize this form to ensure their clients have the necessary legal authority for financial or property decisions, particularly in vehicle transactions. Filling and editing instructions are straightforward and require the principal's signature, along with witnesses and a notary certification for validity. This form is particularly relevant for legal professionals assisting clients in estate planning or financial management, providing clarity on responsibilities and expectations for both parties.
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FAQ

An Arizona vehicle power of attorney (Form 48-1001), offered by the Arizona Department of Motor Vehicles (DMV), allows a principal to grant an agent the power to take and transfer titles of any vehicles owned by the principal.

This written disclosure must be signed by the transferor, including the printed name, and shall contain the following information: (1) The odometer reading at the time of the transfer (not to include tenths of miles); (2) The date of the transfer; (3) The transferor's name and current address; (3a) The transferee's ...

Describe the situation with the odometer, name the miles that are currently on the odometer; Fill the seller's section with the signature, printed name, address, and certification date; Leave the buyer's section empty for the buyer to fill.

Federal and State law require that the seller states the mileage in connection with the transfer of ownership. Failure to complete the odometer statement, or providing a false statement, may result in fines and/or imprisonment.

Chapter 5: Odometer Mileage Reporting All states are required to provide an odometer disclosure section/space on complying titles or complying forms. The odometer disclosure should contain: The complete vehicle description (make, year model, body type, and vehicle identification number). The date of sale.

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Az Power Of Attorney Document With Odometer Disclosure