A month-to-month lease agreement is a contract between a landlord and tenant for a rental property. Unlike a traditional lease that typically lasts for a year or longer, a month-to-month lease is renewed every month until either the landlord or tenant decides to terminate the agreement. This type of lease is often preferred by tenants who want more flexibility and landlords who want to avoid the hassle of long-term leases.
Here is an example of a month-to-month lease agreement that you can use as a guide:
LEASE AGREEMENT
This Lease Agreement (the “Agreement”) is made and entered into on [date], by and between [landlord’s name] (“Landlord”) and [tenant’s name] (“Tenant”), collectively referred to as the “Parties”.
1. Premises.
Landlord hereby leases to Tenant the following premises located at [address], for a monthly rental of [rent amount], payable on the [due date] of each month.
2. Term.
The term of this Agreement shall commence on [start date] and shall continue month-to-month thereafter.
3. Rent.
Tenant shall pay Rent each month in advance to Landlord at the following address [landlord’s address]. Rent shall be paid no later than [due date] of each month.
4. Security Deposit.
Tenant shall pay a security deposit of [security deposit amount] to Landlord upon the execution of this Agreement. The security deposit shall be used to cover any damage to the premises or unpaid rent due at the end of the tenancy.
5. Use of Premises.
Tenant shall use the premises for residential purposes only and shall not use the premises for any unlawful purpose.
6. Utilities.
Tenant shall be responsible for paying all utilities associated with the premises, including but not limited to, electricity, gas, water, and trash.
7. Maintenance and Repairs.
Tenant shall keep the premises in good condition and shall report any necessary repairs or maintenance to Landlord promptly. Tenant shall be responsible for repairing any damage caused by Tenant, Tenant’s guests or invitees.
8. Termination.
Either party may terminate this Agreement by giving [number of days’ notice] days written notice to the other party. Upon termination, Tenant shall vacate the premises and leave the premises in the same condition as when Tenant took possession, reasonable wear and tear excepted.
9. Governing Law.
This Agreement shall be governed by and construed in accordance with the laws of the state of [state].
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date and year first above written.
LANDLORD:
[landlord’s signature]
TENANT:
[tenant’s signature]
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