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A month-to-month lease is a type of periodic tenancy that automatically renews at the end of each period unless terminated by either party. To terminate the lease, the tenant or landlord must give at least 30 days' notice. It’s essential for both parties to consult local laws, as these govern landlord-tenant rules and may outline specific time restraints for termination. Both the tenant and landlord have the right to terminate the agreement with proper notice.