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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 for termination. Guidelines for termination are governed by state and local laws, so it is important for tenants and landlords to consult these regulations to understand the specific time frames and requirements. Either party can end the lease agreement as long as they provide the necessary notice.