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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 either party gives proper notice to terminate. Generally, a notice period of at least 30 days is required for termination to be valid. It's important for tenants and landlords to consult their local and state laws to understand the specific regulations and timeframes governing the termination of month-to-month leases. Both parties have the right to terminate the lease agreement, provided they give the required notice.