Trustees License To Mortgage Or Lease {PC 121} | Pdf Fpdf Docx | Vermont

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Trustees License To Mortgage Or Lease {PC 121} | Pdf Fpdf Docx | Vermont

Last updated: 11/10/2025

Trustees License To Mortgage Or Lease {PC 121}

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Description

700-00121Pc - TRUSTEE’S LICENSE TO MORTGAGE OR LEASE. This form is used in the Vermont Superior Court, Probate Division, when a trustee seeks court authorization to mortgage, pledge, assign, or lease trust property. The form applies to both real estate and personal property and requires a detailed description of the property, confirmation of notice to all interested parties, and the court’s findings supporting the transaction. The court specifies the maximum amount, interest rate, terms of payment, and lease conditions, and orders the trustee to file a Report on License to Sell, Convey, Mortgage, or Lease after the transaction is complete. www.FormsWorkflow.com

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