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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 terminated by either party. To terminate the lease, the tenant or landlord must provide at least 30 days' notice. It is essential for both parties to consult state and local laws for specific time requirements and regulations regarding the termination of month-to-month leases. Both the tenant and landlord have the right to terminate the agreement, provided proper notice is given.