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A month-to-month lease is a type of periodic tenancy that automatically renews at the end of each period until either party terminates it with proper notice. Generally, a notice of at least 30 days is required for termination to be valid. It's important for tenants and landlords to consult state and local laws to understand the specific regulations governing notice periods for month-to-month leases. Both parties have the right to terminate the lease agreement as long as they provide the appropriate notice.