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Month-to-month rentals offer flexibility for both landlords and tenants, alongside standard six-month or one-year leases. However, this arrangement has drawbacks, which the video discusses to help you decide if it suits your needs. A month-to-month lease, or tenancy at will, allows landlords to evict tenants at any time during the lease. The contract automatically renews each month unless either party provides written notice of cancellation via certified mail, adhering to state laws. This type of agreement shares similarities with standard leases regarding move-in processes, eviction procedures, and compliance with local regulations. The video also covers key elements to include in a month-to-month lease agreement.