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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 either party opts to terminate the agreement with proper notice. Typically, a notice period of at least 30 days is required for termination to be valid. It's essential for tenants and landlords to consult local and state laws, as these govern the rules surrounding landlord-tenant relationships and may have specific time restraints for ending month-to-month leases. Both the tenant and the landlord have the right to terminate the lease agreement, provided they give the appropriate notice.