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A month-to-month lease is a type of periodic tenancy that automatically renews each month until one party terminates it by providing proper notice. Typically, a 30-day notice is required from either the tenant or landlord for the termination to be valid. It is important to consult local and state laws, as they govern landlord-tenant regulations and may include specific time restraints on lease termination. Both parties have the right to terminate the lease agreement with proper notice.