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A lease termination letter is utilized by either the tenant or the landlord to terminate a month-to-month lease agreement. This type of tenancy, also known as a periodic tenancy, is ongoing and renews automatically after each period until a notice of termination is given by either party. The letter typically includes a clause allowing the landlord to inspect the property before the termination date or a mutually agreed date. It is recommended that the tenant be present during the inspection.