VIADA Fall Magazine 2012

Page 15

Power of Attorney VAD 70A

The power of Attorney (POA) form has limited use. This form may be used only when your customer’s title is physically held by a lienholder or the owner has lost their title; in which case you may apply for a lost title from DMV using Form VSA 66, “ Application for Replacement and Substitute Titles”. The POA form allows the dealer to sign for the titled owner and disclose mileage to subsequent owner when you receive the title. Part A requires that you disclose the mileage upon transfer of ownership by the seller (customer) to you the buyer (dealer). The seller appoints you, an employee, with a letter of authorization on file, “attorney in fact” allowing you to disclose the mileage and sign the Certificate of Title or other supporting papers necessary to register or transfer ownership of said motor vehicle on their behalf. Part B is used when the vehicle is sold before title is received. Federal and state laws require mileage disclosure to transfer ownership by the seller (dealer) to your buyer (customer). The buyer appoints you (the dealer) “attorney in fact” which allows you to disclose the mileage and sign the Certificate of Title, or other supporting papers necessary to register or transfer ownership of said motor vehicle on their behalf. Part C is to certify, by their signature (dealer), the person exercising above power of attorney, that the mileage disclosed on the title document is consistent with that provided to them. The Power of Attorney (Form VAD 70A) can only be used by auto dealers. They can be purchased from VIADA or VADA. They are sold in lots of 50 and are printed with a control number assigned to your dealership. They are printed in a secure fashion to comply with federal regulations. POWER OF ATTORNEY TO SIGN FOR OWNER

VSA 70 (12/01/2010)

WHEN REGISTERING AND/OR TRANSFERRING OWNERSHIP OF A MOTOR VEHICLE

CO-OWNER NAME (last, first, middle)

OWNER STREET ADDRESS

CO-OWNER STREET ADDRESS

STATE

FULL LEGAL NAME (last)

ZIP

(first)

e B t o n n Ca BODY TYPE

CITY

POWER OF ATTORNEY GRANTED TO:

STREET ADDRESS

VEHICLE MAKE

s r e l a e D y B d Use

VEHICLE OWNER(S):

OWNER NAME (last, first, middle)

CITY

VSA 70 cannot be used by dealers

VEHICLE IDENTIFICATION NUMBER (VIN)

ZIP

STATE

ZIP

(middle)

CITY

VEHICLE INFORMATION

MODEL YEAR

STATE

(suffix)

TITLE NUMBER

CERTIFICATION

I/We, being the owner(s) of the motor vehicle described above, by these presents do make, constitute, and appoint the person named above true and lawful attorney-in-fact to sign in my/our name, place, and stead any Certificate of Title, or other supporting papers, covering said motor vehicle, in whatever manner necessary to register and/or transfer ownership of said motor vehicle; and I/we do hereby grant unto said attorney-in fact full authority and power to do and perform any and all other acts necessary or incidents to the execution of the powers herein expressly granted, as the grantor might or could do if personally present, with full power of substitution.

I/We further certify and affirm that all information presented in this form is true and correct, that any documents I/we have presented to DMV are genuine, and that the information included in all supporting documentation is true and accurate. I/We make this certification and affirmation under penalty of perjury and I/we understand that knowingly making a false statement or representation on this form is a criminal violation. OWNER SIGNATURE

CO-OWNER SIGNATURE

OWNER SOCIAL SECURITY NUMBER/EMPLOYER FEDERAL ID DATE (mm/dd/yyyy) NUMBER (If vehicle owned by a company or corporation)

CO-OWNER SOCIAL SECURITY NUMBER/EMPLOYER FEDERAL DATE (mm/dd/yyyy) ID NUMBER (If vehicle owned by a company or corporation)

The DMV form VSA 70 (Power of Attorney) cannot be used by a dealer, this form is for customers only. Motor Vehicle Dealer Board Dealers are to use form VAD 70A (Power of Attorney) which is printed in a secure fashion and the dealer is not signing on behalf of the customer, the dealer is certifying that the mileage disclosed on the title document is consistent with that provided to the dealer in the power of attorney. (DMV is currently reviewing this process!!) FALL 2012 | THE VIRGINIA INDEPENDENT NEWS |

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VIADA Fall Magazine 2012 by VA Independent Dealers Association - Issuu