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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 decides to terminate it with proper notice. Typically, either the tenant or landlord must provide at least 30 days' notice for the termination to be valid. It's essential for both parties to consult state and local laws to understand the specific regulations and time constraints governing month-to-month leases. Either party can terminate the lease agreement, provided they give the required notice.