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Month-to-month rentals offer flexibility for both landlords and tenants, allowing for easier termination compared to traditional leases. However, they come with certain drawbacks. This tutorial will guide viewers through the essentials of deciding if a month-to-month lease is suitable for them. It will explain the structure of a month-to-month lease, also known as tenancy at will, where either party can terminate the lease with written notice within state law parameters. The video will cover important aspects such as the eviction process, moving in and out, and adherence to local regulations, highlighting similarities with standard leases while detailing the unique features of month-to-month agreements.