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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 either the landlord or tenant decides to terminate the agreement by providing proper notice. Typically, a notice period of at least 30 days is required for the termination to be valid. Local and state laws govern landlord-tenant regulations, so it's essential for both parties to consult these laws to understand the specific rules and time constraints for terminating month-to-month leases. Either party can initiate the termination process by giving the appropriate notice.