Power Of Attorney Blank With Odometer Disclosure

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

Description

The Power of Attorney blank with Odometer Disclosure is a crucial legal document that enables a principal to designate an attorney-in-fact to make decisions regarding their finances or assets, including vehicle transactions. This form includes sections for the principal to specify the powers granted to the attorney-in-fact, limitations on authority, and provisions for reimbursements and gifting. A key feature is the odometer disclosure, which is essential for the transfer of vehicle ownership, ensuring clarity on the vehicle's mileage at the time of sale. The form emphasizes the fiduciary duty of the attorney-in-fact to act in the principal's best interest and provides safeguards against misuse of power. Completing the form requires clear initials and signatures from both parties and witnesses, ensuring accountability. For attorneys, partners, and legal assistants, this document streamlines the process of managing clients' affairs and facilitates vehicle transactions, making it an indispensable tool in legal and transactional practice. In scenarios where the principal may become incapacitated, the power of attorney can remain effective, safeguarding the principal’s interests. Overall, this form is suitable for anyone needing to manage property or financial interests legally and efficiently.
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How to fill out Arizona Durable Power Of Attorney?

The Authority To Act Form Without Odometer Disclosure you find on this page is a versatile legal document prepared by expert attorneys in compliance with national and regional regulations.

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FAQ

FAQ Start by filling out the date at the top of the form. Identify the person giving the Power of Attorney (the ?Principal?) in the first section. Enter the name of the person the Principal is granting the Power of Attorney to (the ?Agent?). Specify the purpose of the Power of Attorney in the third section.

PURPOSE: Federal and state law require both seller (transferor) and buyer (transferee) to accurately state the mileage of any used motor vehicle, with a manufacture year of 2011 or newer, in connection with the transfer of ownership whether sale, trade-in or exchange.

A=Actual mileage. E=Exceeds mechanical limits (the odometer has reached the highest numbers mechanically available and has started renumbering at ?1,? in other words it has ?rolled over?). N=Not actual mileage (the odometer is broken, has been replaced, or the current owner is unsure of the true mileage).

If the title reflects incorrect odometer due to error only on the title application, submit: Completed and signed MV-1 Title/Tag Application. Completed and signed Form T-107A Application Odometer Discrepancy Affidavit. Issued valid title. $18 title fee.

Odometer Disclosure Statement. Information. Step 1 ? Vehicle Information. Step 2 ? Buyer Information. Step 3 ? Seller Information. Step 4 ? Odometer Information. ? WARNING ? ODOMETER DISCREPANCY ? I hereby certify that the odometer reading is NOT the. Step 5 ? Statement of Buyer.

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Power Of Attorney Blank With Odometer Disclosure