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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 it by providing proper notice. Typically, a notice period of at least 30 days is required for termination to be valid. It is important for both parties to consult local and state laws regarding landlord-tenant rules to understand any specific time restraints on terminating month-to-month leases. Either the tenant or the landlord can terminate the lease agreement as long as they give proper notice.