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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 one party terminates the agreement by giving proper notice. Typically, a notice of at least 30 days is required from either the tenant or the landlord to validly terminate the lease. It is important for both parties to consult state and local laws to understand the specific regulations and timeframes regarding termination of month-to-month leases. Both the tenant and the landlord retain the right to terminate the lease agreement with appropriate notice.