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This month-to-month rental agreement gives both the renter and the landlord flexibility. In some cases, this flexibility can benefit both parties, but in other cases, it gives one party an advantage over the other. For renters, a month-to-month lease gives you the flexibility to move out without any penalties in just four weeks. A typical 12-month lease comes with the stipulation that if you break the lease and move out before the 12 months is up, you will pay an early termination fee. For landlords, month-to-month leases allow you to charge more for rent each month. Because the renter has the flexibility to move out on a whim, you take on a much greater risk by signing a month-to-month lease. You also have the option of terminating a lease whenever you choose once you have given a 30-day notice to the tenant. This is a customizable, editable template in Microsoft Word pre-formatted to print document.

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