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Name the landlord, the tenant, and provide the address to the rental property. The term of the lease. List the monthly payment. Information about the security deposit paid. What happens if the tenant defaults on the month to month lease agreement.
A month-to-month lease is a lease that continues each month until either party provides 30 days' notice. As the name suggests, it allows tenants to live in your rental property on a month-to-month basis. Month-to-month leases are commonly used as a way to extend a lease.
If a tenant wants to end their tenancy agreement early and the landlord is not willing to agree, the tenant can ask the landlord to let them transfer their tenancy (their right to occupy the rental unit) to another person. This is called an assignment.
Name the parties. A simple rental agreement form needs to name the parties signing the lease and where they live. Describe the premises. Define the term of the lease. Set how much rent is owed. Assign a security deposit amount. Finalize the lease.