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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 terminates the agreement with proper notice. Typically, a 30-day notice is required for termination to be valid. State and local laws dictate landlord-tenant rules, so it's important for both tenants and landlords to consult these regulations for specific time restraints regarding lease termination. Either party can terminate the lease agreement by providing the appropriate notice.