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Type of Lease

Periodic Lease

A peroidic lease usually takes the form of a month-to-month lease or a week-to-week lease.  In a month-to-month lease, the lease automatically renews one month at a time until either the landlord or the tenant ends the tenancy.  When the landlord accepts payment of rent, the lease is automatically renewed for that month.  If the lease was formerly a term lease and became a month-to-month lease, all terms of the lease remain the same.

A month-to-month periodic lease can only be terminated if either the landlord or the tenant gives a 30-day notice to terminate the lease.  A 30-day notice to terminate can be given for any reason, or no reason.  The 30-day notice takes effect on a rental due date and must be given at least 30 days before the date (see 30-day notice for more).  

A month-to-month lease can seem preferable to a tenant since they can terminate at any time with a 30-day notice.  But it is important for the tenant to remember that the landlord can also terminate the lease at any time, and the tenant should make sure they are able to find a new place to rent and move in just 30 days when living with a month-to-month lease.

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