oboloo Glossary

Month To Month Tenant Agreement

oboloo Glossary

Month To Month Tenant Agreement

A Month to Month Tenant Agreement is a binding legal document between a landlord and tenant that sets out the terms and conditions of the rental relationship. It outlines the length of the tenancy, the amount of rent due each month, how much notice either party must give when ending the agreement, and other rules and regulations related to the tenancy. The agreement can be changed or cancelled at any time by either the landlord or tenant with proper notification. Month to Month Tenant Agreements provide more flexibility than year-long leases, allowing tenants to stay for as long (or as short) as their needs require.