What Is a Month-To-Month Rental Agreement?
A month to month rental agreement is a legal agreement between a tenant and a landlord, or possibly renter of equipment or property and owner, which specifies the terms and obligations of each party. It includes things like rental amount, acceptable use of property, obligations of landlord, information about any deposits, and acceptability of a certain number or tenants or whether pets are allowed. This form of agreement tends to renew monthly but the terms of it aren’t static and some terms can change upon initiation of either party.
Related Questions
- Is it more advantageous for a mobilehome owner to sign a 12-month rental agreement each year, or just go along on a month-to-month basis?
- How much notice does a tenant have to give to terminate a month-to-month rental agreement?
- Whats the difference between a lease and a month-to-month rental agreement?