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A month-to-month lease is a type of periodic tenancy that automatically renews each period until either party terminates the agreement by providing proper notice. Typically, a 30-day notice is required for termination to be valid, which must be adhered to by both landlords and tenants. It's essential for both parties to consult local laws regarding landlord-tenant rules, as these govern the specific timeframes and procedures for terminating month-to-month leases. Ultimately, either the tenant or landlord can end the lease with the appropriate notice.