Premises: the location of the apartment, house, or room for rent.Unlike long-term fixed agreements, the month-to-month ones will automatically renew at the end of the rent payment period unless you or the tenant end the tenancy.Ī month-to-month rental agreement affords landlords and tenants many benefits, but there are processes and laws (and pros and cons) you should know before entering this type of short-term rental contract.Ī month-to-month rental agreement will include all of the following:
The Month-to-month lease continues each month until the landlord or tenant provides a lease termination notice, unlike standard lease agreements that are usually for a set period, like one year. For most month-to-month leases, the tenants and landlords must give at least a 30-day notice to terminate if they do not intend to continue the tenancy.
What Is a Month-to-Month Rental Agreement?Ī month-to-month rental (lease) agreement is a tenancy at will with an undetermined end date.
