How would you define a month-to-month lease?

A month-to-month lease is characterized by its flexibility and lack of a fixed term, meaning it continues indefinitely until either party—tenant or landlord—decides to terminate it. This arrangement allows for monthly rental payments and provides both parties with the ability to make changes to their agreement without a long-term commitment.

In this type of lease, either the landlord or the tenant can usually give a written notice (often 30 days) to end the lease, making it a convenient option for those who might need more adaptability in their living or rental situations. This contrasts starkly with other lease terms, which have set durations and renewal processes. For instance, an annual lease would automatically renew for another year unless one party takes action to terminate it. A month-to-month lease also does not have seasonal restrictions or implications tied to particular months, such as summer or holiday seasons.