Vermont Motion for License to Mortgage or Lease Personal Property is a legal document used by a person or business to obtain a license to mortgage or lease personal property in the state of Vermont. This motion is required in order to be able to offer mortgages or leases in Vermont. There are two types of Vermont Motion for License to Mortgage or Lease Personal Property: a standard form and a custom form. The standard form is used to obtain a license to mortgage or lease personal property in the state of Vermont and is accessible online. The custom form must be created by a lawyer or legal representative and is tailored to the specific situation of the individual or business seeking a license to mortgage or lease personal property. Both forms require that the person or business seeking the license provide information about their financial situation, business practices, and legal history. Once completed, the forms must be submitted to the Vermont Secretary of State for review and approval.