Month-To-Month Tenancy

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Dictionary Says

Definition of 'Month-To-Month Tenancy'

A type of rental agreement. Month-to-month tenancy is based upon the idea that the lease is renewed at the end of each month. If the renter decides to leave at the end of the month, then he/she/they may do so without breaking the lease.

Investopedia Says

Investopedia explains 'Month-To-Month Tenancy'

In a month-to-month tenancy, a renter can live in a dwelling as long as he or she wishes provided the rent is paid on time and the landlord does not give prior notice of vacancy. Of course, the renter can also cancel the lease at any time with notice. Basically, the renter can stay until either the renter or the landlord decides differently. These shorter term leases are much more flexible for renters, especially if they do not know how long they will stay in a particular place.

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'Month-To-Month Tenancy'

  • Nonfreehold Estates In Real Property

    http://www.investopedia.com/articles/mortgages-real-estate/12/nonfreehold-estate-in-real-property.asp
    ... For example, a month to month periodic tenancy is renewable in one-month periods
    until it is terminated at the end of a month through proper notice by either ...

  • Renters' Guide: Tenants, Landlords And Types Of Leases ...

    http://www.investopedia.com/university/renters-guide/renters-guide1.asp
    ... The lease could be from week to week, month to month or year to year, and is renewable
    indefinitely for a like period of time. 3. Tenancy at Will A tenancy at ...

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