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Month-to-month rentals offer flexibility for both landlords and tenants, contrasting with popular six-month or one-year leases. However, they come with drawbacks, which will be discussed in the video. A month-to-month lease, or tenancy at will, allows landlords to evict tenants at any time during the lease period. The contract renews automatically each month unless either party provides written notice of cancellation via certified mail, adhering to state law. The video will cover considerations for establishing such agreements, including what clauses to include and how to draft a month-to-month lease, highlighting similarities with standard leases regarding tenant eviction and local regulations.