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A month-to-month lease is a form of periodic tenancy that renews automatically at the end of each period until termination by either party with proper notice. Typically, a notice of at least 30 days is required for termination to be valid. State and local laws regulate landlord-tenant agreements, so it's important for parties involved to consult these laws for specific termination requirements. Either the tenant or landlord can terminate the lease with the appropriate notice.