Vermont Motion For License To Mortgage Or Lease Real Estate Or Personal Property is a legal document used to request permission from the Vermont Superior Court to mortgage or lease real estate or personal property. This motion must be filed with the court in order to obtain a license to mortgage or lease real estate or personal property within Vermont. There are two types of Vermont Motion For License To Mortgage Or Lease Real Estate Or Personal Property: a freehold motion and a leasehold motion. The freehold motion is used when the mortgagor or lessee has an absolute right to possess the property, while the leasehold motion is used when the mortgagor or lessee has a limited right to possess the property. Both motions require the mortgagor or lessee to provide the court with detailed information about the property, the mortgagor or lessee, and any other parties involved in the transaction. The court then reviews the motion and makes a ruling granting or denying the license.