This form is a durable power of attorney. The form provides that the agent of the principal is only authorized to use the principal's funds for the best interest of the principal. If the agent fails to comply with principal's instructions, the agent then may be liable for criminal charges or civil liability.
Power Of Attorney Blank With Odometer Disclosure
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How to fill out Arizona Durable Power Of Attorney?
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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.