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A lease termination letter is utilized by either the tenant or landlord to notify the other party of the cancellation of a month-to-month lease agreement, also known as a periodic tenancy. This type of tenancy automatically renews at the end of each period unless a termination notice is given. The termination letter typically includes a provision for the landlord to inspect the premises prior to the termination date, with a suggestion that the tenant be present during the inspection.