This is a limited power of attorney authorizing your agent to execute a bill of sale, title and other documents in connection with the sale of a motor vehicle. This form contains a state specific acknowledgment. This form allows your agent to do all things necessary to sell or transfer property, including the execution of a bill of sale, title, odometer statement, request for release of liens and other documents and to receive all funds from the purchase of the same.
Arkansas Power of Attorney for Sale of Motor Vehicle
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Description Power Of Attorney Selling Car
How to fill out Power Of Attorney Form Arkansas Download?
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How To Sell Car With Power Of Attorney FAQ
In many states, notarization is required by law to make the durable power of attorney valid. But even where law doesn't require it, custom usually does. A durable power of attorney that isn't notarized may not be accepted by people with whom your attorney-in-fact tries to deal.
The Arkansas POA document must list the: full contact information and signature of the principal. name and contact information of the agent(s) date the agreement is made. powers granted. A notary public must be present and acknowledge the principal's signature.
Completed Arkansas title with the sellers and buyers names printed, signed and dated on all required areas. Vehicle Identification Number. Bill of sale. Proof of insurance. Federal odometer statement.
Yes. A person or institution can accept and rely on an acknowledged (notarized) POA. If they accept the POA in good faith and without actual knowledge that the signature is not genuine then they have no liability.
An original copy of a sales contract, or proof of purchase, which could be a letter, bill of sale, receipt, or tax invoice, showing the seller's details, the buyer's details, the date of the sale, the selling price or market value of the car, whichever is higher, and the car's registration and VIN numbers.
Get a signed title from the seller. Get a lien release from the seller if there are any liens on the car. Get a bill of sale and odometer disclosure statement from the seller. Complete the Vehicle Registration Application.
Bills of sale do not require notarization. All bills of sale in Arkansas, however, must contain the following information: The names, contact information, and signatures and the buyer and seller. The vehicle identification number or VIN.
Vehicle certificate of title. Bill of sale and odometer statement. Notice of Transfer of Ownership.
In Arkansas, a bill of sale is required to register any newly purchased boat or vehicle, and may need to be notarized. Once the necessary bill of sale has been completed with the buyer and seller's information, both parties must sign the document to officially transfer ownership of the item.
