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A month-to-month lease is a type of periodic tenancy that automatically renews each month until terminated by either party. To terminate the agreement, the landlord or tenant must provide at least 30 days' notice. It is essential for both parties to be aware of state and local laws governing landlord-tenant relationships, as these laws dictate the specific timeframes and notice requirements for terminating such leases. Either the tenant or landlord can initiate termination with proper notice.