In real estate, a month-to-month tenancy is a rental arrangement in which the tenant occupies the property without a fixed long term lease and rent is paid on a monthly basis. The tenancy automatically renews each month until terminated by either party in accordance with applicable notice requirements.
Month-to-month tenancies are the most common form of residential rental tenancy. Although a written lease is not technically required to create this type of tenancy, most month to month arrangements are documented by a written agreement to clarify the rights and obligations of the landlord and tenant.
