Month to Month Lease Agreement Examples

Month to Month Lease Agreement Examples: A Complete Guide

A month to month lease agreement, also known as a periodic tenancy agreement, is a flexible rental arrangement that allows tenants and landlords to renew their rental agreement monthly.

This type of lease is popular with renters who don`t want to commit to a long-term lease, as well as landlords who want to ensure they have a steady stream of income. In this article, we`ll explore some common month to month lease agreement examples to help you understand what to expect.

1. Basic Month to Month Lease Agreement

The basic month to month lease agreement outlines the terms and conditions of a rental agreement between a tenant and landlord. It includes the rent, security deposit, lease term, and the conditions under which the lease can be terminated.

This type of agreement is simple and straightforward, and it`s suitable for landlords who want to keep things uncomplicated and tenants who prefer an easy-to-understand rental agreement.

2. Month to Month Lease Agreement with Utilities Included

This type of agreement is ideal for tenants who don`t want to worry about paying for utilities separately. It specifies which utilities are included in the rent, such as electricity, gas, water, and internet.

This type of rental agreement is popular with renters who want a hassle-free experience and landlords who want to offer a value-added service to tenants.

3. Month to Month Lease Agreement with Pet Addendum

This type of agreement allows tenants to keep pets on the rental property while outlining the conditions under which pets are allowed. It specifies the type, breed, and number of pets allowed on the property, as well as any additional fees or deposits associated with keeping pets.

This type of rental agreement is popular with pet owners who want to keep their furry friends close and landlords who wish to accommodate pet owners while minimizing any potential damage to the property.

4. Month to Month Lease Agreement with Roommate Addendum

This type of rental agreement is suitable for tenants who wish to share their rental space with a roommate. It outlines the terms and conditions under which tenants can share the rental property, including their respective responsibilities and rights.

This type of rental agreement is popular with renters who want to split rent and utilities with roommates and landlords who want to ensure their properties are occupied by responsible tenants.

5. Month to Month Lease Agreement with Lease Termination Clause

This type of agreement includes a lease termination clause that allows either party to terminate the lease with a notice period of 30 to 60 days. It provides flexibility for tenants and landlords who wish to end the rental agreement without committing to a long-term lease.

This type of rental agreement is popular with renters who value flexibility and landlords who want to ensure they have the right to terminate the lease if necessary.

In conclusion, month to month lease agreements are a fantastic way for tenants and landlords to enjoy flexibility when renting a property. By understanding the different types of month to month lease agreements, both renters and landlords can make informed decisions and ensure a long-lasting and mutually beneficial rental experience.