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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. Generally, at least 30 days' notice is required for termination to be valid. State and local laws govern the rules between landlords and tenants, so it's important to consult these laws for specific time restraints on terminating month-to-month leases. Either the tenant or landlord can terminate the lease agreement with the appropriate notice.