month-to-month tenancy

Definition

A periodic tenancy under which the tenant rents for one month at a time. In the absence of a rental agreement (oral or written) a tenancy is generally considered to be month to month. Some leases with fixed terms automatically convert to a month to month tenancy once the original term has expired.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Monthly Treasury Average Index (MTA Index) Montreal Exchange (MX)