What is a common characteristic of a month-to-month lease?

A month-to-month lease is characterized by its flexibility, primarily allowing it to be renewed at the end of each month. This arrangement enables both the landlord and the tenant to reassess their needs on a monthly basis, making it ideal for individuals who may not want to commit to a long-term lease.

Unlike other lease agreements that involve fixed terms, which can bind tenants and landlords for extended periods, a month-to-month lease can be canceled with proper notice, often just 30 days, which illustrates its adaptable nature. This is particularly beneficial for tenants who might need to relocate or change their living situation frequently.

Thus, the ability to renew the lease monthly while maintaining the option to terminate it with appropriate notice is the hallmark of a month-to-month lease.