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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 terminated by either party with proper notice. Typically, at least 30 days' notice is required to terminate the lease. It's important for both tenants and landlords to consult state and local laws, as they govern landlord-tenant rules and may specify the time restraints for lease termination. Either party can terminate the agreement with appropriate notice.