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A lease termination letter is utilized by either the tenant or the landlord to communicate the cancellation of a month-to-month lease agreement, also known as a periodic tenancy. This type of tenancy automatically renews at the end of each period until a notice of termination is given by either party. The termination letter typically includes a provision for the landlord to inspect the premises before the termination date, or on an agreed date between both parties. It is recommended that the tenant be present during the inspection.