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A month-to-month lease is a type of periodic tenancy that automatically renews until one party terminates the agreement with proper notice, typically requiring at least 30 days' notice to be valid. Both tenants and landlords must adhere to state and local laws, which may dictate specific termination rules and time restraints. Either party can terminate the lease as long as they provide the appropriate notice. It is important for both parties to consult local laws for clarity on the notice requirements related to month-to-month leases.