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Month-to-month rentals offer flexibility for both landlords and tenants, allowing for easier adjustments compared to standard leases. However, this type of lease, often called tenancy at will, comes with drawbacks. In this video, key considerations for deciding on a month-to-month arrangement are discussed, along with guidance on drafting a lease agreement. The lease automatically renews each month unless one party gives written cancellation notice via certified mail, adhering to state laws. Overall, while similar to standard leases in aspects like moving in and eviction, month-to-month agreements require careful consideration of local regulations.
