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A lease termination letter is utilized by either the tenant or landlord to formally cancel a month-to-month lease agreement, also referred to as a periodic tenancy. This type of tenancy automatically renews at the end of each period unless either party provides a termination notice. The lease termination letter typically includes a clause permitting the landlord to inspect the premises before the termination date or at a mutually agreed time. It is recommended that the tenant be present during the inspection.