Lease agreement extendable or cancelable each month.
Month-To-Month Tenancy
| Business Dictionary: Month-To-Month Tenancy |
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| Real Estate Dictionary: Month-To-Month Tenancy |
Lease agreement extendable or cancelable each month.
Example: Abel rents an apartment from Baker on a month-to-month tenancy basis. Abel may remain as long as he pays rent and Baker does not give notice to cancel the lease. Abel may also cancel the lease upon giving notice.
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 | Leasehold (business term) |
| Lease |
| Leasehold estate |
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 | Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more |
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| Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved. Read more |
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