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A month-to-month lease is a periodic tenancy that automatically renews at each period's end until either party provides proper termination notice. Typically, a notice of at least 30 days is required for termination to be valid. It's essential for tenants and landlords to consult local laws, as state and local regulations may dictate specific timeframes and rules regarding lease termination. Either the tenant or the landlord can terminate the lease agreement with the appropriate notice.