Fillable STATE OF VERMONT SUPERIOR COURT PROBATE DIVISION (Vermont Judiciary)

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STATE OF VERMONT SUPERIOR COURT PROBATE DIVISION (Vermont Judiciary)

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700-00040 – License to Mortgage or Lease (11/2018) Page 1 of 1
STATE OF VERMONT
SUPERIOR COURT PROBATE DIVISION
Unit Docket No.
In re the Estate of:
LICENSE TO MORTGAGE OR LEASE
☐ Real Property ☐ Personal Property
TO: ________________________________________________
On _______________, you filed a motion for a license to mortgage or lease certain property located in the
Town of ____________________, County of ____________________, Vermont.
The property is described as ☐ Real Estate ☐ Personal Property consisting of: (Description of Property for Real
Estate - include Land Records information)
__________________________________________________________________________________________
__________________________________________________________________________________________
__________________________________________________________________________________________
Findings with respect to notice and hearing:
The motion was accompanied by the consent of all interested persons; or
A hearing was held as required by statute and notice of hearing sent to all parties; or
Notice and hearing were waived because power was expressly conferred by Article ______________ of the Will.
Findings with respect to the requested transaction:
The transaction is authorized by Article ______________ of the decedent’s Will.
Decedent was under contract to mortgage or lease the property at the time of death.
The transaction appears necessary to pay the obligations of the estate or to preserve property.
The transaction would aid in distribution or otherwise benefit the interested persons.
The lease includes decedent’s homestead, but there is no surviving spouse.
The lease includes decedent’s homestead and the surviving spouse has waived his/her right to the homestead.
Therefore, it is hereby ORDERED
that the property may be mortgaged or leased as requested, and you are licensed,
authorized and empowered in your fiduciary capacity to complete the transaction as requested, subject to:
No Terms
Terms as described below: (
include amount, term and interest rate of mortgage or term of lease)
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
You shall report the details of the transaction in writing as soon as practicable after the it has been completed,
including the date and manner of the transaction, the amount of any proceeds, the person to whom the
property was mortgaged or leased, and a description of the property.
_________________ ______________________________________________
Dated Judge’s Signature
______________________________________________
Printed Name
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STATE OF VERMONT SUPERIOR COURT PROBATE DIVISION (Vermont Judiciary)

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Completed 30 July 2020

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