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A lease termination letter is utilized by either the tenant or landlord to officially end a month-to-month lease agreement. This type of tenancy, known as a periodic tenancy, automatically renews at the end of each period until a notice of termination is given by either party. The termination letter typically includes a provision that permits the landlord to inspect the premises before the termination date or on a mutually agreed date. It is advisable for the tenant to be present during this inspection.