Month to month lease 2025

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Notice to quit in certain tenancies. A tenancy from year to year may be terminated by a notice to quit given one month or more before the end of the current year of the tenancy; a tenancy from month to month by a like notice of seven days; a tenancy from week to week, of two days.
A month-to-month agreement is a 30-day contract. Each time you pay rent, you renew the contract for another 30 days.
Any party can terminate it as long as they have provided the other party with proper notice. In North Carolina, youll need to provide your tenant with a Notice to Vacate to end a month-to-month agreement. State law requires that you provide your tenant no less than 30 days notice for termination.
For month-to-month leases, there must be seven days of notice. For year-to-year leases or those with other definite terms, landlords must notify the tenant, or vice versa, within a month of the end of the lease. On leases lasting between one week and one month, notice must be given at least two days in advance.
Month-to-month lease terms may be ideal if youre looking for more flexibility on who you rent to throughout the year or planning on renting the property out for a short period. This can also be a great option if an active fixed-term lease ends, but the tenants need more time to find their next home.

People also ask

The Cons of a Month-to-Month Lease Uncertain End Date. A flexible end date can be desirable for some situations, but typically as a landlord, this flexibility can lead to uncertainty and might lend itself to a short-term tenancy. Short Notice to Find New Tenants. Less Stable Rent Income.

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