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Lease Extension Addendum Month To Month

oboloo Glossary

Lease Extension Addendum Month To Month

A lease extension addendum month-to-month is an agreement that allows a tenant and landlord to extend the existing terms of a fixed-term lease into a month-to-month tenancy. This type of agreement typically allows the tenant to remain in the property on a month-to-month basis until either party terminates the agreement. This type of agreement allows for short-term rental flexibility and provides both parties with more control over their living arrangements. With a lease extension addendum month-to-month, tenants can enjoy the same benefits of a fixed-term lease, such as security and predictability, while allowing greater freedom to end the arrangement if needed.

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