month-to-month tenancy

month-to-month tenancy

A leasehold interest that is terminable at the expiration of any given month,although state consumer protection statutes may require the landlord,the tenant,or both to give one month's notice before termination. Oral leases are assumed to be month-to-month, because the tenant pays rent one month at a time.If a tenant remains in possession of property at the expiration of a typical 6-month or 1-,3- or 5-year lease,courts in the various states are divided in their opinions regarding whether the new arrangement is a month-to-month tenancy or a renewal for a like term as the original lease,not exceeding 1 year.

References in periodicals archive ?
House Bill 4143, which passed on a bipartisan 48-11 vote, would prohibit a landlord from increasing the rent during the first year of a month-to-month tenancy.
The most common form of periodic tenancy is a month-to-month tenancy.
The current landlord became the owner of the building in July 2008 and, in February 2009, notified the tenants he was terminating the month-to-month tenancy.
Unfortunately, if you are in possession on a month-to-month tenancy, the new owner can still give you notice to vacate.