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A month-to-month lease is a type of periodic tenancy that automatically renews each month until terminated by either party. To terminate the agreement, either the tenant or landlord must provide at least 30 days' notice. Valid termination requires adherence to state and local laws, which govern landlord-tenant rules. It’s important for both parties to consult their local regulations to understand the specific time restraints regarding the termination of month-to-month leases, as either party can initiate the termination with proper notice.