A month-to-month lease form is a form for an agreement stating that the lease is renewed at the end of each month. This lease may be altered or terminated by either party after giving a 30-days notice.
The month-to-month lease agreement automatically renews after 30 days. This type of lease is more flexible to both parties compared to a fixed-term lease. Typically, the tenant may move out after a short notice without losing any applicable deposit or being penalized. The landlord can also increase the rent or change rental terms with similar minimum notice. This type of lease is common in rental units such as residential hotels and apartments.