Common Contracts
1 similar Month-to-Month Rental Agreement contracts
Month to month rental agreement template wordMonth-to-Month Rental Agreement • March 31st, 2023
What is a Month-to-Month Lease?A month-to-month lease agreement is a short-term contract highlighted by the fact that it doesn’t have a specified end-date – theoretically allowing the contract to go on indefinitely until either party terminates it giving the required notice. Despite their brief nature, month-to-month rental contracts contain many of the same clauses found in standard leases, including rules on maintenance, utilities, guests, pets, and rent, to name a few. The agreement’s short-term nature serves as an attractive means of renting for those wary of entering a long-term lease and provides property managers with a means of charging a higher monthly rent due to the liability of the tenant vacating the property in a moment’s notice.Pros & Cons of Renting by the MonthLandlords considering setting up one (1) or more of their rentals as monthly units may find themselves struggling with whether the decision is worth the risk in comparison to sticking with a traditional lease. To
