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Month-to-month rentals provide flexibility for both landlords and tenants, allowing for easy termination of the lease with proper notice. This arrangement, often called a tenancy at will, automatically renews every month unless one party cancels it through written notice as per state law. While these leases offer advantages, they also come with drawbacks that potential landlords should consider. The video covers essential information for deciding if this lease type suits your needs, including key components to include in a month-to-month lease agreement and guidance on how to draft it. It emphasizes the importance of adhering to local legislation for both moving in and evicting tenants.
