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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 referred to as a periodic tenancy. This type of tenancy renews automatically at the end of each period until a notice of termination is issued by either party. The termination letter often contains a provision for the landlord to inspect the premises before the termination date, or on a mutually agreed date. It is recommended that the tenant be present during the inspection.