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A lease termination letter is utilized by either the tenant or landlord to notify the other party of the termination of a month-to-month lease agreement, also referred to as a periodic tenancy, which automatically renews at the end of each period unless a notice of termination is given. This letter typically includes a clause allowing the landlord to inspect the property prior to the termination date or at a mutually agreed-upon time. It is advisable for the tenant to be present during the inspection.