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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 terminated by either party with proper notice. Typically, a 30-day notice is required by tenants or landlords to effectively terminate the lease. It is essential for both parties to consult local laws, as state and local regulations govern landlord-tenant rules, which clarify the notice duration required for termination. Both tenants and landlords have the right to terminate the agreement as long as they provide the necessary notice.