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A lease termination letter is utilized by either the tenant or landlord to communicate the end of a month-to-month lease agreement, also known as a periodic tenancy. This type of tenancy renews automatically at the end of each period unless a notice of termination is given by either party. The termination letter typically includes a provision for the landlord to inspect the premises before the termination date, or on a date mutually agreed upon. It is advisable for the tenant to be present during this inspection.