MONTH-TO-MONTH TENANCY
\mˈʌnθtəmˈʌnθ tˈɛnənsi], \mˈʌnθtəmˈʌnθ tˈɛnənsi], \m_ˈʌ_n_θ_t_ə_m_ˈʌ_n_θ t_ˈɛ_n_ə_n_s_i]\
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A rental agreement that provides for a one-month tenancy that is automatically renewed each month unless either tenant or landlord gives the other the proper amount of written notice (usually 30 days) to terminate the agreement. Some landlords prefer to use month-to-month tenancies because it gives them the right to raise the rent after giving proper notice. This type of rental also provides a landlord with an easy way to get rid of troublesome tenants, because in most states month-to-month tenancies can be terminated for any reason.
By Oddity Software
Word of the day
hydromorphic
- [Greek] Structurally adapted to an aquatic environment, as organs of water plants.
Nearby Words
- month
- month by month
- month of sundays
- month's-mind
- month-end closing
- month-to-month tenancy
- monthlies
- monthling
- monthlong
- monthly
- monthly administration fee