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A month-to-month lease is a periodic tenancy that automatically renews at the end of each period until terminated by either party with proper notice. Typically, a notice period of at least 30 days is required for termination to be valid. It is important for tenants and landlords to consult local laws, as state and local regulations govern landlord-tenant rules and may specify different time restraints for ending such leases. Both parties have the right to terminate the agreement by providing the appropriate notice.